š
š¹ Asset: Zero (ZRO/USD)
š¹ Timeframe: 30-Minute Chart
š¹ Setup Type: Symmetrical Triangle Breakout (Bullish Bias)
š Trade Plan (Long Position)
ā
Entry Zone: Around $3.04 (Breakout above triangle resistance)
ā
Stop-Loss (SL): Below $2.95 (Support and triangle invalidation)
šÆ Take Profit Targets
š TP1: $3.13 ā Resistance retest zone
š TP2: $3.25 ā Measured move and breakout extension
š Risk-Reward Calculation
š Risk: $3.04 - $2.95 = $0.09
š Reward to TP1: $3.13 - $3.04 = $0.09 ā R/R = 1:1.0
š Reward to TP2: $3.25 - $3.04 = $0.21 ā R/R = 1:2.3 ā
š Technical Highlights
š Symmetrical triangle breakout forming with ascending support
š Volume starting to pick up on breakout wick
š Higher lows suggest building bullish momentum
š Entry confirmation near breakout line = lower risk, higher reward
š Execution Strategy
š Enter on breakout confirmation above $3.04
š SL just under $2.95 for tight protection
š° Take partials near $3.13, ride to $3.25
šØ Invalidation Risk
ā Breakdown below $2.95 negates pattern
ā No volume follow-through = re-evaluate entry
š Final Take
ā Bullish structure in place
ā Solid R:R setup with trend alignment
ā Let breakout confirm and manage trade with discipline!