CRWD Long Trade

Long entry: 373.90, based on a breakout of a key resistance level.
🔹 Stop-loss: 371.02 (below recent support)
🔹 First target: 382.84 – potential resistance zone, 50% profit-taking
🔹 Second target: 389.13 – continuation if momentum sustains

📈 Trade rationale:

1D chart: Uptrend intact, supported by a 22 Bullish Reversal on the 1H chart.
4H chart: Breakout above the last resistance with bullish momentum.
High ATR signals potential for a significant price movement.
🔎 Risk management:

Risk-reward ratio of 1:3 for the first target and 1:5 for the second.
Entry will be confirmed by price stability above 373.90 to avoid a false breakout.

Penafian