๐ ๐๐
๐น Asset: SOXS (Direxion Daily Semiconductor Bear 3x Shares)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bullish Breakout Trade
๐ Trade Plan (Long Position)
โ Entry Zone: Above 26.22 (Breakout Confirmation)
โ Stop-Loss (SL): Below 25.22 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 27.20 (First Resistance Level)
๐ TP2: 28.48 (Extended Bullish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 26.22 - 25.22 = 1.00 risk per unit
๐ Reward to TP1: 27.20 - 26.22 = 0.98 (1:0.98 R/R)
๐ Reward to TP2: 28.48 - 26.22 = 2.26 (1:2.26 R/R)
๐ Technical Analysis & Strategy
๐ Bullish Breakout Formation: Price is breaking out from a descending trendline, confirming strength.
๐ Support Confirmation: Strong support at 25.22, acting as a demand zone.
๐ Volume Confirmation Needed: Ensure strong buying volume above 26.22 for momentum.
๐ Momentum Shift Expected: Staying above 26.22 could push price to 27.20 and further to 28.48.
๐ Key Resistance & Support Levels
๐ข 28.48 โ Final Target / TP2
๐ด 27.20 โ First Resistance / TP1
๐ก 26.22 โ Breakout Level / Long Entry
โช 25.22 โ Stop-Loss / Support Level
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Look for strong bullish volume above 26.22 before entering.
๐ Trailing Stop Strategy: Move SL to entry (26.22) after TP1 (27.20) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 27.20, let the rest run toward 28.48.
โ Adjust Stop-Loss to Break-even (26.22) after TP1 is hit.
โ ๏ธ Fake Breakout Risk
โ If price drops below 26.22 after breakout, exit early to limit losses.
โ Wait for strong bullish candle close before entering aggressively.
๐ Final Thoughts
โ Bullish Setup โ Breakout above 26.22 signals upside potential.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:2.26 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#StockMarket ๐ #SOXS ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #LongTrade ๐ #Finance ๐ต #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #StockSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #StockAlerts ๐ #TradeSmart ๐ค #Bullish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakout ๐
๐น Asset: SOXS (Direxion Daily Semiconductor Bear 3x Shares)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bullish Breakout Trade
๐ Trade Plan (Long Position)
โ Entry Zone: Above 26.22 (Breakout Confirmation)
โ Stop-Loss (SL): Below 25.22 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 27.20 (First Resistance Level)
๐ TP2: 28.48 (Extended Bullish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 26.22 - 25.22 = 1.00 risk per unit
๐ Reward to TP1: 27.20 - 26.22 = 0.98 (1:0.98 R/R)
๐ Reward to TP2: 28.48 - 26.22 = 2.26 (1:2.26 R/R)
๐ Technical Analysis & Strategy
๐ Bullish Breakout Formation: Price is breaking out from a descending trendline, confirming strength.
๐ Support Confirmation: Strong support at 25.22, acting as a demand zone.
๐ Volume Confirmation Needed: Ensure strong buying volume above 26.22 for momentum.
๐ Momentum Shift Expected: Staying above 26.22 could push price to 27.20 and further to 28.48.
๐ Key Resistance & Support Levels
๐ข 28.48 โ Final Target / TP2
๐ด 27.20 โ First Resistance / TP1
๐ก 26.22 โ Breakout Level / Long Entry
โช 25.22 โ Stop-Loss / Support Level
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Look for strong bullish volume above 26.22 before entering.
๐ Trailing Stop Strategy: Move SL to entry (26.22) after TP1 (27.20) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 27.20, let the rest run toward 28.48.
โ Adjust Stop-Loss to Break-even (26.22) after TP1 is hit.
โ ๏ธ Fake Breakout Risk
โ If price drops below 26.22 after breakout, exit early to limit losses.
โ Wait for strong bullish candle close before entering aggressively.
๐ Final Thoughts
โ Bullish Setup โ Breakout above 26.22 signals upside potential.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:2.26 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#StockMarket ๐ #SOXS ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #LongTrade ๐ #Finance ๐ต #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #StockSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #StockAlerts ๐ #TradeSmart ๐ค #Bullish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakout ๐
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.