🚀
🔹 Asset: HYPR – NASDAQ
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal (Falling Wedge & Fibonacci Retracement)
📊 Trade Plan (Long Position)
✅ Entry Zone: Above $0.86 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $0.79 (Key Support Level)
🎯 Take Profit Targets
📌 TP1: $0.95 (Resistance Level)
📌 TP2: $1.05 (0.618 Fibonacci Retracement)
📌 TP3: $1.11 (0.5 Fibonacci Level – Extended Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$0.86 - $0.79 = $0.07 risk per share
📈 Reward to TP1:
$0.95 - $0.86 = $0.09 (1:1.28 R/R)
📈 Reward to TP2:
$1.05 - $0.86 = $0.19 (1:2.71 R/R)
📈 Reward to TP3:
$1.11 - $0.86 = $0.25 (1:3.57 R/R)
✅ Favorable Risk-Reward Ratio toward TP3
🔍 Technical Analysis & Strategy
📌 Falling Wedge Reversal: The price is nearing a potential breakout from a falling wedge pattern.
📌 Fibonacci Confluence: The 0.5 and 0.618 Fibonacci retracement levels confirm strong resistance levels.
📌 Volume Confirmation Needed: Look for above-average buying volume above $0.86 to validate the breakout.
📌 Resistance at $0.95 & $1.05: A breakout above these levels will confirm bullish momentum.
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $0.86 before entering.
📉 Trailing Stop Strategy: Move SL to break-even ($0.86) after hitting TP1 ($0.95).
💰 Partial Profit Booking Strategy
✔ Take 50% profits at TP1 ($0.95), let the rest run toward TP2 ($1.05).
✔ Adjust Stop-Loss to Break-even ($0.86) after TP1 is reached.
⚠️ Risks & Considerations
❌ Fake Breakout Risk: If the price fails to hold above $0.86, exit early.
❌ Confirmation Required: Wait for a 30-min candle close above $0.86 before entering.
🚀 Final Thoughts
✔ Bullish Setup – Strong upside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:3.57 toward TP3.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #HYPR #NASDAQ #LongTrade #TradingView #ProfittoPath 💰📊
🔹 Asset: HYPR – NASDAQ
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal (Falling Wedge & Fibonacci Retracement)
📊 Trade Plan (Long Position)
✅ Entry Zone: Above $0.86 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $0.79 (Key Support Level)
🎯 Take Profit Targets
📌 TP1: $0.95 (Resistance Level)
📌 TP2: $1.05 (0.618 Fibonacci Retracement)
📌 TP3: $1.11 (0.5 Fibonacci Level – Extended Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$0.86 - $0.79 = $0.07 risk per share
📈 Reward to TP1:
$0.95 - $0.86 = $0.09 (1:1.28 R/R)
📈 Reward to TP2:
$1.05 - $0.86 = $0.19 (1:2.71 R/R)
📈 Reward to TP3:
$1.11 - $0.86 = $0.25 (1:3.57 R/R)
✅ Favorable Risk-Reward Ratio toward TP3
🔍 Technical Analysis & Strategy
📌 Falling Wedge Reversal: The price is nearing a potential breakout from a falling wedge pattern.
📌 Fibonacci Confluence: The 0.5 and 0.618 Fibonacci retracement levels confirm strong resistance levels.
📌 Volume Confirmation Needed: Look for above-average buying volume above $0.86 to validate the breakout.
📌 Resistance at $0.95 & $1.05: A breakout above these levels will confirm bullish momentum.
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $0.86 before entering.
📉 Trailing Stop Strategy: Move SL to break-even ($0.86) after hitting TP1 ($0.95).
💰 Partial Profit Booking Strategy
✔ Take 50% profits at TP1 ($0.95), let the rest run toward TP2 ($1.05).
✔ Adjust Stop-Loss to Break-even ($0.86) after TP1 is reached.
⚠️ Risks & Considerations
❌ Fake Breakout Risk: If the price fails to hold above $0.86, exit early.
❌ Confirmation Required: Wait for a 30-min candle close above $0.86 before entering.
🚀 Final Thoughts
✔ Bullish Setup – Strong upside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:3.57 toward TP3.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #HYPR #NASDAQ #LongTrade #TradingView #ProfittoPath 💰📊
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.