📊 Long Trade Setup Breakdown for Tesla, Inc. (TSLA) - 30-Min Chart
🔹 Asset: Tesla, Inc. (TSLA)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Wedge Breakout
🚀 Trade Plan (Long Position):
✅ Entry Zone: $352.76 (Breakout Confirmation)
✅ Stop-Loss (SL): $342.34 (Below Support)
🎯 Take Profit Targets (Long Trade):
📌 TP1: $365.41 (First Resistance)
📌 TP2: $380.59 (Extended Bullish Target)
📊 Risk-Reward Ratio Calculation:
📈 Risk (Stop-Loss Distance):
$352.76 - $342.34 = $10.42
📈 Reward to TP1:
$365.41 - $352.76 = $12.65
💰 Risk-Reward Ratio to TP1: 1:1.21
📈 Reward to TP2:
$380.59 - $352.76 = $27.83
💰 Risk-Reward Ratio to TP2: 1:2.67
🔍 Technical Analysis & Strategy:
📌 Breakout Confirmation: Strong buying momentum above $352.76 signals continuation.
📌 Pattern Formation: Falling Wedge Breakout, a bullish reversal signal.
📊 Key Support & Resistance Levels:
🟢 $342.34 (Strong Support / SL Level)
🟡 $352.76 (Breakout Zone / Entry)
🔴 $365.41 (First Profit Target / Resistance)
🟢 $380.59 (Final Target for Momentum Extension)
🚀 Momentum Shift Expected:
If price stays above $352.76, it could push towards $365.41 and $380.59.
A higher volume breakout would confirm strength in the trend.
🔥 Trade Execution & Risk Management:
📊 Volume Confirmation: Ensure buying volume remains strong after breakout.
📈 Trailing Stop Strategy: If price reaches TP1 ($365.41), move SL to entry ($352.76) to lock in profits.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $365.41, let the rest run to $380.59.
✔ Adjust Stop-Loss to Break-even ($352.76) after TP1 is hit.
⚠️ Fake Breakout Risk:
If price drops below $352.76, be cautious and watch for a retest before re-entering.
🚀 Final Thoughts:
✔ Bullish Setup – If price holds above $352.76, higher targets are expected.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.21 to TP1, 1:2.67 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #TSLA #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath
🔹 Asset: Tesla, Inc. (TSLA)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Wedge Breakout
🚀 Trade Plan (Long Position):
✅ Entry Zone: $352.76 (Breakout Confirmation)
✅ Stop-Loss (SL): $342.34 (Below Support)
🎯 Take Profit Targets (Long Trade):
📌 TP1: $365.41 (First Resistance)
📌 TP2: $380.59 (Extended Bullish Target)
📊 Risk-Reward Ratio Calculation:
📈 Risk (Stop-Loss Distance):
$352.76 - $342.34 = $10.42
📈 Reward to TP1:
$365.41 - $352.76 = $12.65
💰 Risk-Reward Ratio to TP1: 1:1.21
📈 Reward to TP2:
$380.59 - $352.76 = $27.83
💰 Risk-Reward Ratio to TP2: 1:2.67
🔍 Technical Analysis & Strategy:
📌 Breakout Confirmation: Strong buying momentum above $352.76 signals continuation.
📌 Pattern Formation: Falling Wedge Breakout, a bullish reversal signal.
📊 Key Support & Resistance Levels:
🟢 $342.34 (Strong Support / SL Level)
🟡 $352.76 (Breakout Zone / Entry)
🔴 $365.41 (First Profit Target / Resistance)
🟢 $380.59 (Final Target for Momentum Extension)
🚀 Momentum Shift Expected:
If price stays above $352.76, it could push towards $365.41 and $380.59.
A higher volume breakout would confirm strength in the trend.
🔥 Trade Execution & Risk Management:
📊 Volume Confirmation: Ensure buying volume remains strong after breakout.
📈 Trailing Stop Strategy: If price reaches TP1 ($365.41), move SL to entry ($352.76) to lock in profits.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $365.41, let the rest run to $380.59.
✔ Adjust Stop-Loss to Break-even ($352.76) after TP1 is hit.
⚠️ Fake Breakout Risk:
If price drops below $352.76, be cautious and watch for a retest before re-entering.
🚀 Final Thoughts:
✔ Bullish Setup – If price holds above $352.76, higher targets are expected.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.21 to TP1, 1:2.67 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #TSLA #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath
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.