Trade Setup: $ARK /USDT (5-Min Chart)
Structure: Price is consolidating inside a falling wedge (bullish pattern), showing signs of accumulation after a strong move up.
Key Zone: Entry around the Fair Value Gap (FVG) + 0.618 Fibonacci level (~0.3385).
Condition: If price respects the wedge and doesn't break below, this signals a potential breakout to the upside.
🔹 Entry: ~0.3385 (on wedge resistance breakout)
🔻 Stop Loss (SL): Below FVG and 0.79 Fib zone — around 0.3296
🎯 Take Profit (TP):
TP1: 0.3491 (0.5 Fib + recent resistance)
TP2: 0.3858 (measured move target from breakout)
Logic:
Falling wedge + FVG + Fib confluence = high-probability long setup.
Breakout confirms bullish momentum continuation.
Risk/reward is favorable with clear invalidation (SL below wedge support).
Structure: Price is consolidating inside a falling wedge (bullish pattern), showing signs of accumulation after a strong move up.
Key Zone: Entry around the Fair Value Gap (FVG) + 0.618 Fibonacci level (~0.3385).
Condition: If price respects the wedge and doesn't break below, this signals a potential breakout to the upside.
🔹 Entry: ~0.3385 (on wedge resistance breakout)
🔻 Stop Loss (SL): Below FVG and 0.79 Fib zone — around 0.3296
🎯 Take Profit (TP):
TP1: 0.3491 (0.5 Fib + recent resistance)
TP2: 0.3858 (measured move target from breakout)
Logic:
Falling wedge + FVG + Fib confluence = high-probability long setup.
Breakout confirms bullish momentum continuation.
Risk/reward is favorable with clear invalidation (SL below wedge support).
