🚀 FORM Breakout Alert – 50% Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
FORM has officially broken out of a massive symmetrical triangle on the 4H chart after weeks of tight consolidation. This is a classic technical setup that often leads to explosive moves, and the market is starting to pay attention! ⚡📈
📍 Entry Zone: $2.12 – $2.16
✅ Entry around the current breakout zone to catch early momentum.
🎯 Targets:
• Target 1 → $2.60 (key horizontal resistance)
• Target 2 → $2.90 (major breakout extension zone)
• Target 3 → $3.10+ (blue-sky breakout level)
🛡 Stop Loss (SL): $2.06 (just below the lower trendline and support zone)
💥 Why this setup is exciting:
✅ Clean triangle breakout after multi-week compression
✅ Strong historical pattern — last breakout ran over +50%
✅ EMA alignment turning bullish
✅ Volume spike on breakout confirmation
✅ Market sentiment improving with higher lows on the chart
🔑 Pro Trading Tips:
Watch for a retest of the $2.15 breakout zone — it may offer a second-chance entry.
Scale out profits gradually at each target zone to lock in gains.
Always use proper position sizing and stick to your SL to manage risk.
📢 Final Thoughts:
This setup has the technicals lined up for a potential trend expansion. If momentum continues and we see a confirmed retest,
FORM could deliver a textbook bullish move. Don’t ignore the opportunity — but trade smart!
💬 What’s your game plan forFORM? Share your targets, strategies, and thoughts below — let’s learn and win together! 👇👇👇
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
FORM has officially broken out of a massive symmetrical triangle on the 4H chart after weeks of tight consolidation. This is a classic technical setup that often leads to explosive moves, and the market is starting to pay attention! ⚡📈
📍 Entry Zone: $2.12 – $2.16
✅ Entry around the current breakout zone to catch early momentum.
🎯 Targets:
• Target 1 → $2.60 (key horizontal resistance)
• Target 2 → $2.90 (major breakout extension zone)
• Target 3 → $3.10+ (blue-sky breakout level)
🛡 Stop Loss (SL): $2.06 (just below the lower trendline and support zone)
💥 Why this setup is exciting:
✅ Clean triangle breakout after multi-week compression
✅ Strong historical pattern — last breakout ran over +50%
✅ EMA alignment turning bullish
✅ Volume spike on breakout confirmation
✅ Market sentiment improving with higher lows on the chart
🔑 Pro Trading Tips:
Watch for a retest of the $2.15 breakout zone — it may offer a second-chance entry.
Scale out profits gradually at each target zone to lock in gains.
Always use proper position sizing and stick to your SL to manage risk.
📢 Final Thoughts:
This setup has the technicals lined up for a potential trend expansion. If momentum continues and we see a confirmed retest,
FORM could deliver a textbook bullish move. Don’t ignore the opportunity — but trade smart!💬 What’s your game plan for
FORM? Share your targets, strategies, and thoughts below — let’s learn and win together! 👇👇👇
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.