๐ง
Lately, Iโve been focusing on breakouts from key resistance levels supported by ascending trendlines. Todayโs trade on
PLTR was a textbook example.
๐ Ticker: PLTR
๐ Trade Type: Long
๐ Timeframe: 30-min
๐ Entry Zone: $139.24 (Pre-market breakout)
๐ฏ Target: $146.66
๐ Stop Loss: Below $137.00
๐ Why I Took This Trade:
Price was consolidating right below strong horizontal resistance around $139.
An ascending trendline formed over the past few sessions, creating bullish pressure.
Clean breakout with volume and confirmation on retest.
๐ง What I Learned:
Waiting for confirmation at resistance breakout is key.
Clean structure + trendline + consolidation = high-probability setup.
Reward-to-risk ratio was favorable, with room to $146.
โจ Whether this trade hits TP or not, the setup followed my plan. Thatโs a win.
๐ Logging and reviewing setups like this helps me stay disciplined and improve daily.
Lately, Iโve been focusing on breakouts from key resistance levels supported by ascending trendlines. Todayโs trade on
๐ Ticker: PLTR
๐ Trade Type: Long
๐ Timeframe: 30-min
๐ Entry Zone: $139.24 (Pre-market breakout)
๐ฏ Target: $146.66
๐ Stop Loss: Below $137.00
๐ Why I Took This Trade:
Price was consolidating right below strong horizontal resistance around $139.
An ascending trendline formed over the past few sessions, creating bullish pressure.
Clean breakout with volume and confirmation on retest.
๐ง What I Learned:
Waiting for confirmation at resistance breakout is key.
Clean structure + trendline + consolidation = high-probability setup.
Reward-to-risk ratio was favorable, with room to $146.
โจ Whether this trade hits TP or not, the setup followed my plan. Thatโs a win.
๐ Logging and reviewing setups like this helps me stay disciplined and improve daily.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.