HYPR/USD – 30-Min Long Trade Setup!
📌 🚀
🔹 Asset: HYPR (Hyperfine, Inc.)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $0.9600 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $0.8807 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $1.06 (First Resistance Level)
📌 TP2: $1.18 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $0.9600 - $0.8807 = $0.0793 risk per share
📈 Reward to TP1: $1.06 - $0.9600 = $0.10 (1:1.3 R/R)
📈 Reward to TP2: $1.18 - $0.9600 = $0.22 (1:2.8 R/R)
🔍 Technical Analysis & Strategy
📌 Falling Wedge Breakout: Price is breaking out of a downward wedge, signaling a potential bullish reversal.
📌 Support Rejection: Strong bounce from $0.8807 support, confirming buyer interest.
📌 Heikin Ashi Confirmation: Candles show reduced selling pressure and indicate a shift toward an uptrend.
📌 Volume Confirmation Needed: Ensure high buying volume above $0.9600 to confirm breakout.
📌 Momentum Shift Expected: If price sustains above $0.9600, potential rally toward $1.06, then $1.18.
📊 Key Support & Resistance Levels
🟢 $0.8807 – Stop-Loss / Strong Support
🟡 $0.9600 – Breakout Level / Long Entry
🔴 $1.06 – First Resistance / TP1
🔴 $1.18 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $0.9600 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($0.9600) after TP1 ($1.06) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $1.06, let the rest run toward $1.18.
✔ Adjust Stop-Loss to Break-even ($0.9600) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If price fails to hold above $0.9600 and drops back, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $0.9600 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Breakout from a falling wedge suggests a potential trend shift.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.3 to TP1, 1:2.8 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 Hashtags for Reach & Engagement:
#StockMarket 📉 #HYPR 📊 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #Trading 📈 #Finance 💵 #ProfittoPath 🚀 #SwingTrading 🔄 #DayTrading ⚡ #StockTrader 💸 #TechnicalAnalysis 📉 #EconomicNews 🏛️ #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bullish 🐂 #RiskManagement ⚠️ #TradingCommunity 🤝
🔹 Asset: HYPR (Hyperfine, Inc.)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $0.9600 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $0.8807 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $1.06 (First Resistance Level)
📌 TP2: $1.18 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $0.9600 - $0.8807 = $0.0793 risk per share
📈 Reward to TP1: $1.06 - $0.9600 = $0.10 (1:1.3 R/R)
📈 Reward to TP2: $1.18 - $0.9600 = $0.22 (1:2.8 R/R)
🔍 Technical Analysis & Strategy
📌 Falling Wedge Breakout: Price is breaking out of a downward wedge, signaling a potential bullish reversal.
📌 Support Rejection: Strong bounce from $0.8807 support, confirming buyer interest.
📌 Heikin Ashi Confirmation: Candles show reduced selling pressure and indicate a shift toward an uptrend.
📌 Volume Confirmation Needed: Ensure high buying volume above $0.9600 to confirm breakout.
📌 Momentum Shift Expected: If price sustains above $0.9600, potential rally toward $1.06, then $1.18.
📊 Key Support & Resistance Levels
🟢 $0.8807 – Stop-Loss / Strong Support
🟡 $0.9600 – Breakout Level / Long Entry
🔴 $1.06 – First Resistance / TP1
🔴 $1.18 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $0.9600 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($0.9600) after TP1 ($1.06) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $1.06, let the rest run toward $1.18.
✔ Adjust Stop-Loss to Break-even ($0.9600) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If price fails to hold above $0.9600 and drops back, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $0.9600 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Breakout from a falling wedge suggests a potential trend shift.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.3 to TP1, 1:2.8 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 Hashtags for Reach & Engagement:
#StockMarket 📉 #HYPR 📊 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #Trading 📈 #Finance 💵 #ProfittoPath 🚀 #SwingTrading 🔄 #DayTrading ⚡ #StockTrader 💸 #TechnicalAnalysis 📉 #EconomicNews 🏛️ #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bullish 🐂 #RiskManagement ⚠️ #TradingCommunity 🤝
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.