🔹 Trade Summary
Setup:
Ascending triangle forming over several months
Price consolidating near major resistance
Strong analyst buy rating with 1-year target at $203.94
Entry:
Buy on daily close above $169.42 (breakout trigger)
Stop-loss:
Below $159 (invalidate the setup)
Targets:
$203.94 (analyst target / recent highs)
Risk/Reward:
Approx. 1:3.5 (risking ~$10 for ~$34 gain)
🔹 Technical Rationale
🔹 Ascending triangle pattern suggests bullish continuation
🔹 Flat resistance at $169.42 now being challenged
🔹 Daily timeframe, recent higher lows showing building pressure
🔹 Catalysts & Context
🚦 Analyst “Strong Buy” rating with 1-year upside potential of +22.96%
🛢️ Energy sector momentum, especially in midstream & LNG plays
📰 Potential earnings/corporate updates could drive breakout
🔹 Trade Management Plan
Entry: Buy only on daily close above $169.42
Stop-loss: Below $159 — trail up if price closes above $180
Scaling: Take partial profits at $185, remainder at $203.94 (target)
What’s your view? Are you watching
TRGP? Comment below or vote:
🔼 Bullish
🔽 Bearish
🔄 Waiting for confirmation
🔹 Disclaimer
Not financial advice. Trade at your own risk.
*** Don't forget to follow us for more trade setups ***
Setup:
Ascending triangle forming over several months
Price consolidating near major resistance
Strong analyst buy rating with 1-year target at $203.94
Entry:
Buy on daily close above $169.42 (breakout trigger)
Stop-loss:
Below $159 (invalidate the setup)
Targets:
$203.94 (analyst target / recent highs)
Risk/Reward:
Approx. 1:3.5 (risking ~$10 for ~$34 gain)
🔹 Technical Rationale
🔹 Ascending triangle pattern suggests bullish continuation
🔹 Flat resistance at $169.42 now being challenged
🔹 Daily timeframe, recent higher lows showing building pressure
🔹 Catalysts & Context
🚦 Analyst “Strong Buy” rating with 1-year upside potential of +22.96%
🛢️ Energy sector momentum, especially in midstream & LNG plays
📰 Potential earnings/corporate updates could drive breakout
🔹 Trade Management Plan
Entry: Buy only on daily close above $169.42
Stop-loss: Below $159 — trail up if price closes above $180
Scaling: Take partial profits at $185, remainder at $203.94 (target)
What’s your view? Are you watching
TRGP? Comment below or vote:🔼 Bullish
🔽 Bearish
🔄 Waiting for confirmation
🔹 Disclaimer
Not financial advice. Trade at your own risk.
*** Don't forget to follow us for more trade setups ***
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.