HYPE Swing Long – 5.2R Setup on Fib Pullback

6 天前

I’m planning to enter a HYPE swing long on a golden pocket pullback during a bullish structure continuation, with confluence from EMAs, fibs, and demand volume. The setup is based on the daily chart for trend structure and 1-hour chart for entry timing.

My stop is placed below structural invalidation, and I have two profit targets: one conservative (TP1) and one trend-continuation (TP2). I plan to move my stop to breakeven after TP1 is hit in order to protect the trade and let the rest run risk-free.

Entry at $39.20 – Inside the golden pocket (0.618–0.786 fib), where bullish pullbacks often reverse. Confluence with 21 and 50 EMA on the daily and high-volume support just below.

Stop-loss at $37.80 – Below structure and golden pocket. If broken, the setup is invalid and trend may shift.

TP1 at $43.00 – Previous local high and supply zone. Strong resistance and logical partial profit zone. Locks in ~2.7R. I plan to secure partial profits here and move my stop to breakeven.

TP2 at $46.50 – Full fib extension and psychological resistance. If trend continues, this is where momentum likely tops out short term. Gives ~5.2R.

6 天前

交易進行

Entry hit and I am in the trade now.

6 天前

交易結束：達到停損點

SL hit unfortunately. Part of the game.