📌
🔹 Asset: Herbalife Ltd. (HLF)
🔹 Timeframe: 1-Hour Chart
🔹 Setup Type: Ascending Triangle Breakout & Trendline Support Long Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $8.32 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $7.51 (Break of Support & Trendline)
🎯 Take Profit Targets
📌 TP1: $9.26 (First Resistance Level)
📌 TP2: $10.42 (Final Target – Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📈 Risk (SL Distance): $8.32 - $7.51 = $0.81 risk per share
📈 Reward to TP1: $9.26 - $8.32 = $0.94 (1.16 R/R)
📈 Reward to TP2: $10.42 - $8.32 = $2.10 (2.59 R/R)
🔍 Technical Analysis & Strategy
📌 Ascending Triangle Breakout Setup: HLF is consolidating above a rising trendline, with a breakout level at $8.32.
📌 Trendline & Support Bounce: Price is respecting the trendline, indicating strong buyer control.
📌 Breakout Confirmation: A strong bullish candle above $8.32 with increasing volume would confirm momentum.
📌 Momentum Shift Expected: If price holds above $8.32, a rally toward $9.26 (TP1) and $10.42 (TP2) is likely.
📊 Key Support & Resistance Levels
🟢 $7.51 – Strong Support / Stop-Loss Level
🟡 $8.32 – Entry / Breakout Level
🔴 $9.26 – First Resistance / TP1
🟢 $10.42 – Final Target / TP2
🚀 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $8.32 before entering.
📈 Trailing Stop Strategy: Move SL to entry ($8.32) after TP1 ($9.26) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $9.26, let the rest run to $10.42.
✔ Adjust Stop-Loss to Break-even ($8.32) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If price breaks below $8.32 and fails to hold, it could indicate a false breakout—exit early.
❌ Wait for a strong candle close above $8.32 for confirmation before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Holding above $8.32 could lead to higher targets.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.16 to TP1, 1:2.59 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #HLF #Herbalife #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath #DayTrading #MomentumStocks #SwingTrading #TradingView #LongTrade #TradeSmart #RiskManagement #StockBreakout #Investing #StockAlerts #ChartAnalysis 🚀📈
🔹 Asset: Herbalife Ltd. (HLF)
🔹 Timeframe: 1-Hour Chart
🔹 Setup Type: Ascending Triangle Breakout & Trendline Support Long Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $8.32 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $7.51 (Break of Support & Trendline)
🎯 Take Profit Targets
📌 TP1: $9.26 (First Resistance Level)
📌 TP2: $10.42 (Final Target – Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📈 Risk (SL Distance): $8.32 - $7.51 = $0.81 risk per share
📈 Reward to TP1: $9.26 - $8.32 = $0.94 (1.16 R/R)
📈 Reward to TP2: $10.42 - $8.32 = $2.10 (2.59 R/R)
🔍 Technical Analysis & Strategy
📌 Ascending Triangle Breakout Setup: HLF is consolidating above a rising trendline, with a breakout level at $8.32.
📌 Trendline & Support Bounce: Price is respecting the trendline, indicating strong buyer control.
📌 Breakout Confirmation: A strong bullish candle above $8.32 with increasing volume would confirm momentum.
📌 Momentum Shift Expected: If price holds above $8.32, a rally toward $9.26 (TP1) and $10.42 (TP2) is likely.
📊 Key Support & Resistance Levels
🟢 $7.51 – Strong Support / Stop-Loss Level
🟡 $8.32 – Entry / Breakout Level
🔴 $9.26 – First Resistance / TP1
🟢 $10.42 – Final Target / TP2
🚀 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $8.32 before entering.
📈 Trailing Stop Strategy: Move SL to entry ($8.32) after TP1 ($9.26) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $9.26, let the rest run to $10.42.
✔ Adjust Stop-Loss to Break-even ($8.32) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If price breaks below $8.32 and fails to hold, it could indicate a false breakout—exit early.
❌ Wait for a strong candle close above $8.32 for confirmation before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Holding above $8.32 could lead to higher targets.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.16 to TP1, 1:2.59 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #HLF #Herbalife #BreakoutTrade #TechnicalAnalysis #MarketTrends #ProfittoPath #DayTrading #MomentumStocks #SwingTrading #TradingView #LongTrade #TradeSmart #RiskManagement #StockBreakout #Investing #StockAlerts #ChartAnalysis 🚀📈
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.