📈🚀
🔹 Asset: CIVI (NYSE)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Trendline Break + Support Bounce
📊 Trade Plan (Long Position)
✅ Entry Zone: Around $35.00 (trendline break + demand zone confirmation)
✅ Stop-Loss (SL): Below $34.36 (clear structure support zone)
🎯 Take Profit Targets
📌 TP1: $35.85 (immediate resistance / supply zone)
📌 TP2: $36.94 (previous high / major resistance area)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$35.00 - $34.36 = $0.64 risk per share
📈 Reward to TP1:
$35.85 - $35.00 = $0.85 → (1.33:1 R/R)
📈 Reward to TP2:
$36.94 - $35.00 = $1.94 → (3.03:1 R/R)
🔍 Technical Analysis & Strategy
📌 Falling Trendline Breakout: Clean break from descending resistance (highlighted by pink line)
📌 Support Bounce: Price held structure support at $34.36 (white line)
📌 Retest & Reaction: Yellow zone indicates confluence — breakout retest + support hold
📌 Potential Reversal Zone: Bottoming structure visible near key support
⚙️ Trade Execution & Risk Management
📊 Wait for Bullish Confirmation: Entry only valid if price closes above yellow breakout zone
📉 Trailing Stop Strategy:
Move SL to breakeven after TP1
💰 Partial Profit Booking Strategy:
Book 50% at TP1 = $35.85
Let remaining ride to TP2 = $36.94
Trail SL to lock in profits
⚠️ Breakout Failure Risk
❌ Setup invalid if price closes below $34.36
❌ Avoid entry if breakout lacks volume or fails on retest
🚀 Final Thoughts
✔ Beautiful confluence: Trendline break + horizontal support + reaction zone
✔ Clear risk with strong upside potential
✔ Excellent R/R ratio with breakout confirmation
🔗 #CIVI #NYSE #TrendlineBreak #SupportBounce #SwingSetup #TechnicalAnalysis #ProfittoPath #ChartPatterns #BreakoutTrade #BullishBias #SmartTrading
🔹 Asset: CIVI (NYSE)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Trendline Break + Support Bounce
📊 Trade Plan (Long Position)
✅ Entry Zone: Around $35.00 (trendline break + demand zone confirmation)
✅ Stop-Loss (SL): Below $34.36 (clear structure support zone)
🎯 Take Profit Targets
📌 TP1: $35.85 (immediate resistance / supply zone)
📌 TP2: $36.94 (previous high / major resistance area)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$35.00 - $34.36 = $0.64 risk per share
📈 Reward to TP1:
$35.85 - $35.00 = $0.85 → (1.33:1 R/R)
📈 Reward to TP2:
$36.94 - $35.00 = $1.94 → (3.03:1 R/R)
🔍 Technical Analysis & Strategy
📌 Falling Trendline Breakout: Clean break from descending resistance (highlighted by pink line)
📌 Support Bounce: Price held structure support at $34.36 (white line)
📌 Retest & Reaction: Yellow zone indicates confluence — breakout retest + support hold
📌 Potential Reversal Zone: Bottoming structure visible near key support
⚙️ Trade Execution & Risk Management
📊 Wait for Bullish Confirmation: Entry only valid if price closes above yellow breakout zone
📉 Trailing Stop Strategy:
Move SL to breakeven after TP1
💰 Partial Profit Booking Strategy:
Book 50% at TP1 = $35.85
Let remaining ride to TP2 = $36.94
Trail SL to lock in profits
⚠️ Breakout Failure Risk
❌ Setup invalid if price closes below $34.36
❌ Avoid entry if breakout lacks volume or fails on retest
🚀 Final Thoughts
✔ Beautiful confluence: Trendline break + horizontal support + reaction zone
✔ Clear risk with strong upside potential
✔ Excellent R/R ratio with breakout confirmation
🔗 #CIVI #NYSE #TrendlineBreak #SupportBounce #SwingSetup #TechnicalAnalysis #ProfittoPath #ChartPatterns #BreakoutTrade #BullishBias #SmartTrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.