🟢 Trade Type: Long (Buy Setup)
Pair: PI/USD (Pi Network vs US Dollar)
Timeframe: 30-Minute Chart
Current Price: $0.7410
🔍 Technical Setup
Pattern: Falling wedge breakout (bullish reversal pattern)
Entry Point: Breakout and retest around $0.7410 (highlighted with a yellow circle)
Trend Reversal: Price broke a long-term downtrend line (pink), confirming breakout potential
🎯 Targets & Stop-Loss
Take-Profit (TP):
TP1: $0.8328 (previous resistance zone)
TP2: $0.9393 (major supply zone)
Stop-Loss (SL):
Below wedge base/support: $0.6946
⚖️ Risk-to-Reward (R:R):
Estimated R:R: Over 2.5:1
Tight stop, wide target = good potential for swing move
🧠 Trade Logic
Broke out of major downtrend + clean wedge
Pullback held above support zone
Strong green candles on breakout with volume starting to build
Pair: PI/USD (Pi Network vs US Dollar)
Timeframe: 30-Minute Chart
Current Price: $0.7410
🔍 Technical Setup
Pattern: Falling wedge breakout (bullish reversal pattern)
Entry Point: Breakout and retest around $0.7410 (highlighted with a yellow circle)
Trend Reversal: Price broke a long-term downtrend line (pink), confirming breakout potential
🎯 Targets & Stop-Loss
Take-Profit (TP):
TP1: $0.8328 (previous resistance zone)
TP2: $0.9393 (major supply zone)
Stop-Loss (SL):
Below wedge base/support: $0.6946
⚖️ Risk-to-Reward (R:R):
Estimated R:R: Over 2.5:1
Tight stop, wide target = good potential for swing move
🧠 Trade Logic
Broke out of major downtrend + clean wedge
Pullback held above support zone
Strong green candles on breakout with volume starting to build
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.