Inverse Head & Shoulders Breakout – Entry at 98.60, Targeting 125.10! 📈
PLTR (Palantir Technologies Inc.) is charging higher after breaking out from an Inverse Head & Shoulders pattern on the 4H chart! We’ve got a solid trade setup to share with you—let’s make this another big win! 🌟
Current Price: 92.78 💰
Pattern Spotted: Inverse Head & Shoulders 📉
Breakout Zone: Above 96.00 (Neckline Resistance) ✅
What’s Happening? 🤔
PLTR has confirmed the bullish breakout by soaring above the 94.00 neckline, and we’ve entered the trade at 98.60 as the price continues its upward momentum! This Inverse Head & Shoulders pattern is a classic reversal signal, and the strong volume on the breakout shows the bulls are in control. We’re riding this wave just like we did with our BTCUSD trades, grabbing 850 pips and hitting $74,500! 🎯
Bullish Trade Setup: 📝
- Entry: We’re in at 98.60—a perfect entry after the breakout confirmation! 📲
- Target: 125.10—our key level to take profits! 🎯
- Stop Loss: Set at 86.10 to manage risk and protect your capital. 🛡
- Pro Tip: Trail your stop loss as the price climbs to lock in profits as we approach the target! 💡
Risk-to-Reward Breakdown: ⚖
With an entry at 98.60, a target at 125.10, and a stop loss at 86.10, we’re risking 12.50 to gain 26.50. That gives us a 1:2.12 risk-to-reward ratio—a fantastic setup for this trade! This ratio ensures we’re maximizing potential profits while keeping our risk under control.
The bulls are driving this move with full force! 🐂 Let’s stay focused and turn this setup into another successful trade. Are you in on this PLTR rally? Drop a 🚀 in the comments if you’re ready to roll! 💬
PLTR (Palantir Technologies Inc.) is charging higher after breaking out from an Inverse Head & Shoulders pattern on the 4H chart! We’ve got a solid trade setup to share with you—let’s make this another big win! 🌟
Current Price: 92.78 💰
Pattern Spotted: Inverse Head & Shoulders 📉
Breakout Zone: Above 96.00 (Neckline Resistance) ✅
What’s Happening? 🤔
PLTR has confirmed the bullish breakout by soaring above the 94.00 neckline, and we’ve entered the trade at 98.60 as the price continues its upward momentum! This Inverse Head & Shoulders pattern is a classic reversal signal, and the strong volume on the breakout shows the bulls are in control. We’re riding this wave just like we did with our BTCUSD trades, grabbing 850 pips and hitting $74,500! 🎯
Bullish Trade Setup: 📝
- Entry: We’re in at 98.60—a perfect entry after the breakout confirmation! 📲
- Target: 125.10—our key level to take profits! 🎯
- Stop Loss: Set at 86.10 to manage risk and protect your capital. 🛡
- Pro Tip: Trail your stop loss as the price climbs to lock in profits as we approach the target! 💡
Risk-to-Reward Breakdown: ⚖
With an entry at 98.60, a target at 125.10, and a stop loss at 86.10, we’re risking 12.50 to gain 26.50. That gives us a 1:2.12 risk-to-reward ratio—a fantastic setup for this trade! This ratio ensures we’re maximizing potential profits while keeping our risk under control.
The bulls are driving this move with full force! 🐂 Let’s stay focused and turn this setup into another successful trade. Are you in on this PLTR rally? Drop a 🚀 in the comments if you’re ready to roll! 💬
Trade active
PLTR Neckline Breakout Successful!✅ Breakout Confirmed – Momentum Building Fast!
PLTR has officially broken above the neckline — bulls are taking charge! 🚀
Keep Holding!
🎯 on Target: $125
This breakout could fuel a strong upside move — stay in and ride the momentum!
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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.
Related publications
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.