This
TGT setup is a great example of how structure + signal alignment can give traders a clean, high-probability play without chasing hype.
๐ Breakdown: Why This Setup Matters
6-Month Base Breakout
Target spent half the year building a rounded base just below the Ichimoku cloud. The breakout above $100 is more than a number โ itโs a psychological + structural shift. Buyers are finally in control.
Ichimoku Confirmation
Price cleared the cloud with a bullish TK cross weeks ago. Now, weโve broken R1 pivot resistance and are sitting cleanly above the cloud. The trend is now officially flipped.
MACD Momentum
The MACD has been rising steadily, supporting the move. Green bars are growing in strength โ no divergence or fade.
Risk/Reward
Entry: $102.43
Target: $127.07 (+23.31%)
Stop: $94.09 (โ8.14%)
R/R: 2.87 โ not extreme, but solid and realistic
๐ Breakdown: Why This Setup Matters
6-Month Base Breakout
Target spent half the year building a rounded base just below the Ichimoku cloud. The breakout above $100 is more than a number โ itโs a psychological + structural shift. Buyers are finally in control.
Ichimoku Confirmation
Price cleared the cloud with a bullish TK cross weeks ago. Now, weโve broken R1 pivot resistance and are sitting cleanly above the cloud. The trend is now officially flipped.
MACD Momentum
The MACD has been rising steadily, supporting the move. Green bars are growing in strength โ no divergence or fade.
Risk/Reward
Entry: $102.43
Target: $127.07 (+23.31%)
Stop: $94.09 (โ8.14%)
R/R: 2.87 โ not extreme, but solid and realistic
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.