Trade Setup Analysis (30-min Chart)!

🔍
✅ Trade Type: Long (Bullish)
🔰 Entry Zone:
Price is breaking a falling wedge pattern near $131.88, confirmed by:

Bullish breakout from downtrend line (white line).

Support bounce near the yellow horizontal line (~$130.00).

🛑 Stop-Loss (SL):
$129.68
Below the recent support — logical invalidation level.

🎯 Take-Profit (TP) Levels:
TP1: $135.65 (red line – previous resistance)

TP2: $139.09 (green line – major horizontal resistance)

📊 Risk-to-Reward Ratio:
Excellent — roughly 1:3 R:R, depending on entry precision.

🔄 Technical Highlights:
Falling wedge (bullish reversal pattern) is breaking out.

Multiple rejection wicks at the bottom support line (accumulation sign).

Potential reversal from oversold conditions.