🟢 Signal LONG $PNUT – Timeframe 1H
Entry Type: Breakout from falling wedge
Strategy: Intraday to swing buy after breakout pattern confirmation (bullish flag/wedge)
🎯 Execution Levels
📌 Entry (current price): 0.27102 (WAIT for breakout)
🛑 Stop Loss (SL): Around the previous support area (± 0.25801)
✅ Take Profit (TP) Levels
TP 1: 0.28265
TP 2: 0.29822
TP 3: 0.33069
📊 Risk Reward Ratio (estimated)
SL: ± 0.25801 → Risk ~ 0.013
TP 1–3 provides reward:
TP1: +0.011 → RRR ~ 0.85
TP2: +0.027 → RRR ~ 2.0
TP3: +0.059 → RRR ~ 4.5
📌 Strategy Summary
Technical formation: Bullish continuation falling wedge
Additional confirmation: Volume starts to increase, indicating potential breakout.
Position management advice:
Split 30% (TP1), 30% (TP2), 40% (TP3)
Secure profit at TP1 and move SL to BEP
$PNUT