Hey Traders!
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
Massive Falling Wedge Breakout in Play!
ARB just confirmed a breakout from a long-term falling wedge pattern on the weekly timeframe, which has historically been one of the most reliable bullish reversal structures in technical analysis.
🧠 Why this setup matters:
The falling wedge has been forming for over a year, indicating long-term accumulation and compression.
Price has clearly broken above the descending resistance, suggesting a potential shift in momentum.
The structure resembles previous explosive moves, and this could just be the start of a multi-month rally.
🟢 Trade Setup:
Entry: CMP ($0.49) & accumulate on any dips
Targets:
🎯 $0.85
🎯 $1.30
🎯 $2.10+ (Full wedge target)
Stop-loss: 🔴 Close below $0.30
Timeframe: Mid to long term (6–12 weeks or more)
🚀 Bullish Signals:
Weekly breakout candle with strong volume (confirmation pending close).
Market-wide sentiment is gradually turning, and ARB may become one of the leaders.
📌 Final Thoughts:
This is a high-conviction swing setup with a strong reward-to-risk ratio. Keep an eye on weekly close confirmation and market sentiment for better entries.
💬 Let me know your thoughts or if you’re riding this setup too!
If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver!
Massive Falling Wedge Breakout in Play!
ARB just confirmed a breakout from a long-term falling wedge pattern on the weekly timeframe, which has historically been one of the most reliable bullish reversal structures in technical analysis.
🧠 Why this setup matters:
The falling wedge has been forming for over a year, indicating long-term accumulation and compression.
Price has clearly broken above the descending resistance, suggesting a potential shift in momentum.
The structure resembles previous explosive moves, and this could just be the start of a multi-month rally.
🟢 Trade Setup:
Entry: CMP ($0.49) & accumulate on any dips
Targets:
🎯 $0.85
🎯 $1.30
🎯 $2.10+ (Full wedge target)
Stop-loss: 🔴 Close below $0.30
Timeframe: Mid to long term (6–12 weeks or more)
🚀 Bullish Signals:
Weekly breakout candle with strong volume (confirmation pending close).
Market-wide sentiment is gradually turning, and ARB may become one of the leaders.
📌 Final Thoughts:
This is a high-conviction swing setup with a strong reward-to-risk ratio. Keep an eye on weekly close confirmation and market sentiment for better entries.
💬 Let me know your thoughts or if you’re riding this setup too!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.