Trade Reflection – PLTR Long Setup

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Lately, I’ve been focusing on breakouts from key resistance levels supported by ascending trendlines. Today’s trade on PLTR was a textbook example.

📈 Ticker: PLTR
🔁 Trade Type: Long
🕒 Timeframe: 30-min
📍 Entry Zone: $139.24 (Pre-market breakout)
🎯 Target: $146.66
🛑 Stop Loss: Below $137.00

🔍 Why I Took This Trade:
Price was consolidating right below strong horizontal resistance around $139.

An ascending trendline formed over the past few sessions, creating bullish pressure.

Clean breakout with volume and confirmation on retest.

🧠 What I Learned:
Waiting for confirmation at resistance breakout is key.

Clean structure + trendline + consolidation = high-probability setup.

Reward-to-risk ratio was favorable, with room to $146.

✨ Whether this trade hits TP or not, the setup followed my plan. That’s a win.
📊 Logging and reviewing setups like this helps me stay disciplined and improve daily.

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