GRAL/USD โ 30-Min Long Trade Setup !๐ ๐
๐น Asset: GRAL (GRAIL, Inc.)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bullish Reversal Trade
๐ Trade Plan (Long Position)
โ
Entry Zone: Above $36.34 (Breakout Confirmation)
โ
Stop-Loss (SL): Below $33.58 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: $40.53 (First Resistance Level)
๐ TP2: $45.53 (Extended Bullish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $36.34 - $33.58 = $2.76 risk per share
๐ Reward to TP1: $40.53 - $36.34 = $4.19 (1:1.5 R/R)
๐ Reward to TP2: $45.53 - $36.34 = $9.19 (1:3.3 R/R)
๐ Technical Analysis & Strategy
๐ Falling Wedge Breakout: Price has broken out of a falling wedge, a strong bullish reversal pattern.
๐ Support Rejection: The price tested $36.34 support and showed buying pressure.
๐ Volume Confirmation Needed: Ensure high buying volume when price holds above $36.34 to confirm bullish momentum.
๐ Momentum Shift Expected: If price remains above $36.34, it could push toward $40.53, and further to $45.53.
๐ Key Support & Resistance Levels
๐ข $33.58 โ Stop-Loss / Support Level
๐ก $36.34 โ Breakout Level / Long Entry
๐ด $40.53 โ First Resistance / TP1
๐ด $45.53 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure high buying volume above $36.34 before entering.
๐ Trailing Stop Strategy: Move SL to entry ($36.34) after TP1 ($40.53) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $40.53, let the rest run toward $45.53.
โ Adjust Stop-Loss to Break-even ($36.34) after TP1 is reached.
โ ๏ธ Fake Breakout Risk
โ If the price fails to hold above $36.34 and drops back, exit early to avoid losses.
โ Wait for a strong bullish candle close above $36.34 before entering aggressively.
๐ Final Thoughts
โ Bullish Setup โ Bouncing from support at $36.34 suggests a potential reversal.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:1.5 to TP1, 1:3.3 to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐
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