- There's a **downtrend line** that got broken to the upside (marked with an arrow).
- After the breakout, price made a **small pullback** and seems to be finding support around the previous breakout zone.
- You're showing a **long setup** with a favourable risk/reward (small stop-loss area, large target zone).
- The oscillator below (maybe Wave Oscillator or Awesome Oscillator?) shows **momentum shifting**, which supports the bullish idea.
**Summary:**
✔ Breakout of a downtrend
✔ Retest and bounce
✔ Positive momentum building
Summary:
We have a clean bullish breakout from a short-term downtrend, followed by a textbook retest and bounce. Momentum indicators are shifting positively, suggesting a potential strong upside move.
Setup Details:
Entry: Current price (~25.60) after breakout and retest.
Stop-loss: Just below the retest low (~24.80).
Target: Major resistance zone around (~29.50 - 30.00).
Risk/Reward: Approximately 1:4 — excellent potential!
Technical Factors:
✅ Breakout of downtrend line
✅ Successful retest with bullish reaction
✅ Increasing positive momentum (oscillator turning green)
✅ Strong horizontal support below
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
⚠️ Disclaimer: This is NOT financial advice. Always do your own research and manage risk appropriately!
- After the breakout, price made a **small pullback** and seems to be finding support around the previous breakout zone.
- You're showing a **long setup** with a favourable risk/reward (small stop-loss area, large target zone).
- The oscillator below (maybe Wave Oscillator or Awesome Oscillator?) shows **momentum shifting**, which supports the bullish idea.
**Summary:**
✔ Breakout of a downtrend
✔ Retest and bounce
✔ Positive momentum building
Summary:
We have a clean bullish breakout from a short-term downtrend, followed by a textbook retest and bounce. Momentum indicators are shifting positively, suggesting a potential strong upside move.
Setup Details:
Entry: Current price (~25.60) after breakout and retest.
Stop-loss: Just below the retest low (~24.80).
Target: Major resistance zone around (~29.50 - 30.00).
Risk/Reward: Approximately 1:4 — excellent potential!
Technical Factors:
✅ Breakout of downtrend line
✅ Successful retest with bullish reaction
✅ Increasing positive momentum (oscillator turning green)
✅ Strong horizontal support below
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
⚠️ Disclaimer: This is NOT financial advice. Always do your own research and manage risk appropriately!
Dagangan ditutup: hentian tercapai
so sorry im out Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.