📈
Timeframe: 30-Minute Chart
Setup Type: Falling Wedge Breakout (Bullish Reversal)
📌 Trade Plan
Entry Zone: Around $1.10 (breakout confirmation above trendline)
Stop-Loss (SL): Below $0.95 (invalidates wedge & structure support)
🎯 Take Profit Targets
TP1: $1.32 – Recent resistance zone
TP2: $1.57 – Measured move from wedge breakout
🔍 Technical Highlights
Falling wedge pattern signals reversal potential 📉➡📈
Clean breakout candle above the wedge with consolidation
Strong demand at ascending trendline support
Volume stabilizing post-selloff
📊 Risk-Reward Ratio
Risk: $1.10 - $0.95 = $0.15
Reward to TP2: $1.57 - $1.10 = $0.47
R:R ≈ 1:3.13 ✅
🚀 Execution Strategy
✅ Enter only on confirmed breakout and candle close above trendline
🛑 SL just below $0.95
🎯 Partial profit at TP1, trail rest toward TP2
⚠ Invalidation Risk
❌ Strong bearish rejection from $1.10
❌ Bearish engulfing candle with volume below trendline
Timeframe: 30-Minute Chart
Setup Type: Falling Wedge Breakout (Bullish Reversal)
📌 Trade Plan
Entry Zone: Around $1.10 (breakout confirmation above trendline)
Stop-Loss (SL): Below $0.95 (invalidates wedge & structure support)
🎯 Take Profit Targets
TP1: $1.32 – Recent resistance zone
TP2: $1.57 – Measured move from wedge breakout
🔍 Technical Highlights
Falling wedge pattern signals reversal potential 📉➡📈
Clean breakout candle above the wedge with consolidation
Strong demand at ascending trendline support
Volume stabilizing post-selloff
📊 Risk-Reward Ratio
Risk: $1.10 - $0.95 = $0.15
Reward to TP2: $1.57 - $1.10 = $0.47
R:R ≈ 1:3.13 ✅
🚀 Execution Strategy
✅ Enter only on confirmed breakout and candle close above trendline
🛑 SL just below $0.95
🎯 Partial profit at TP1, trail rest toward TP2
⚠ Invalidation Risk
❌ Strong bearish rejection from $1.10
❌ Bearish engulfing candle with volume below trendline
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.