๐
Timeframe: 30-Minute Chart
Pattern: Symmetrical triangle breakout (bullish continuation)
๐ Trade Plan
๐ Entry: Around 0.00001602 (Confirmed breakout zone)
๐ Stop-Loss (SL): Below 0.00001566 (structure invalidation)
๐ฏ Take Profits:
TP1: 0.00001649 โ Minor resistance
TP2: 0.00001705 โ Measured move target
๐ Technical Highlights
Price respecting uptrend support line
Formed a tight triangle, broke upward with bullish candle
Higher lows show buying strength
Clean risk-reward:
๐ป Risk: 0.00001602 โ 0.00001566 = 0.00000036
๐บ Reward to TP2: 0.00001705 โ 0.00001602 = 0.00000103 โ R:R โ 1:2.86
๐จ Trade Notes
Wait for candle close above yellow resistance zone
Avoid chasing if breakout fails with low volume
Let position run partial to TP2 if momentum holds
Timeframe: 30-Minute Chart
Pattern: Symmetrical triangle breakout (bullish continuation)
๐ Trade Plan
๐ Entry: Around 0.00001602 (Confirmed breakout zone)
๐ Stop-Loss (SL): Below 0.00001566 (structure invalidation)
๐ฏ Take Profits:
TP1: 0.00001649 โ Minor resistance
TP2: 0.00001705 โ Measured move target
๐ Technical Highlights
Price respecting uptrend support line
Formed a tight triangle, broke upward with bullish candle
Higher lows show buying strength
Clean risk-reward:
๐ป Risk: 0.00001602 โ 0.00001566 = 0.00000036
๐บ Reward to TP2: 0.00001705 โ 0.00001602 = 0.00000103 โ R:R โ 1:2.86
๐จ Trade Notes
Wait for candle close above yellow resistance zone
Avoid chasing if breakout fails with low volume
Let position run partial to TP2 if momentum holds
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.