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HP has broken out of a tight symmetrical triangle after consolidating for nearly two days.
📍 Entry activated at $17.22, as price pushed above wedge resistance with bullish confirmation.
🎯 Targets are clear: $17.59 (first zone), $18.16 (extended level).
🛡️ Stop-loss positioned below $16.87 to protect the structure.
Volume is still building, but trendline support remains intact — a solid setup for breakout continuation. Watching closely for follow-through and buyer strength into next session.
🔍 Strategy: Symmetrical Triangle Breakout
📊 Sentiment: Bullish & Active
🗓️ Trade live — price holding breakout level.
HP has broken out of a tight symmetrical triangle after consolidating for nearly two days.
📍 Entry activated at $17.22, as price pushed above wedge resistance with bullish confirmation.
🎯 Targets are clear: $17.59 (first zone), $18.16 (extended level).
🛡️ Stop-loss positioned below $16.87 to protect the structure.
Volume is still building, but trendline support remains intact — a solid setup for breakout continuation. Watching closely for follow-through and buyer strength into next session.
🔍 Strategy: Symmetrical Triangle Breakout
📊 Sentiment: Bullish & Active
🗓️ Trade live — price holding breakout level.
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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.