QUBT Bullish Breakout Setup !📊 Trendline Respect + Momentum Shift 🚀
This chart shows a bullish wedge breakout forming above a strong ascending trendline, holding above key structure levels. Buyers are defending support and building pressure for a breakout.
✅ Trade Plan (Long Position)
• Entry: Above $7.88 (breakout confirmation)
• Stop-Loss: Below $7.37 (trendline + support zone)
🎯 Take Profit Targets:
• TP1: $8.73 (near-term resistance zone)
• TP2: $9.78 (major breakout level)
• TP3: $11.00+ (extended upside potential)
📈 Risk-Reward Insights
• Risk: $7.88 - $7.37 = $0.51
• Reward to TP1: $0.85 → ~1:1.6
• Reward to TP2: $1.90 → ~1:3.7
• Reward to TP3: $3.12 → ~1:6.1
💡 Strong R:R profile with clean structure and solid confluence.
🔍 Technical Breakdown
✅ Trendline Support: Strong multi-touch uptrend line
✅ Wedge Breakout: Symmetrical triangle breakout forming
✅ Volume: Volume surge on breakout confirms strength
✅ Structure: Higher lows forming under resistance – bullish bias
🧠 Strategy & Risk Management
• Entry Only on Breakout: Wait for a 30-min close above $7.88
• SL to Break-even after TP1 ($8.73)
• Partial Profit Booking Strategy:
• Book 50% at TP1
• Ride remainder toward TP2 & TP3
• Trail Stop: Protect gains as price moves in your favor
📚 Value Insight for Traders
This setup teaches how trendline respect, consolidation, and volume align to create powerful breakouts. When price forms a tight range above a rising base, it's a sign of accumulation, not weakness. Let the breakout come to you.
⚠️ Risk Reminders
❌ Fake Breakout Risk – Exit early if price closes back below $7.88
❌ Volume Drop – A weak breakout with low volume may fail
✅ Stay mechanical, not emotional
🎯 Final Thoughts:
One quality setup > 10 random trades.
High-probability setup. Risk managed. Plan ready.
📈 Trade smart, trust the process, and let price action lead the way.
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