LUCD – 30-Min Long Trade Setup!📌
🔹 Asset: Lucid Diagnostics Inc. (LUCD)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout & Trendline Support Long Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $1.50 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $1.36 (Break of Support & Trendline)
🎯 Take Profit Targets
📌 TP1: $1.65 (First Resistance Level)
📌 TP2: $1.86 (Final Target – Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📈 Risk (SL Distance): $1.50 - $1.36 = $0.14 risk per share
📈 Reward to TP1: $1.65 - $1.50 = $0.15 (1.07 R/R)
📈 Reward to TP2: $1.86 - $1.50 = $0.36 (2.57 R/R)
🔍 Technical Analysis & Strategy
📌 Symmetrical Triangle Breakout Setup: The price is approaching a breakout point, signaling a potential bullish continuation.
📌 Trendline & Support Bounce: Price is bouncing off the rising trendline (~$1.36), indicating strong support retention.
📌 Breakout Confirmation: A strong bullish candle above $1.50 with increasing volume would confirm the move.
📌 Momentum Shift Expected: If price holds above $1.50, a rally toward $1.65 (TP1) and $1.86 (TP2) is expected.
📊 Key Support & Resistance Levels
🟢 $1.36 – Strong Support / Stop-Loss Level
🟡 $1.50 – Entry / Breakout Level
🔴 $1.65 – First Resistance / TP1
🟢 $1.86 – Final Target / TP2
🚀 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $1.50 before entering.
📈 Trailing Stop Strategy: Move SL to entry ($1.50) after TP1 ($1.65) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $1.65, let the rest run to $1.86.
✔ Adjust Stop-Loss to Break-even ($1.50) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If price breaks below $1.36, it could indicate a bearish continuation—exit early.
❌ Wait for a strong candle close above $1.50 for confirmation before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Holding above $1.50 could lead to higher targets.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.07 to TP1, 1:2.57 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
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