FPH Long Trade Setup (30-Min Chart)!

### **πŸ“ˆπŸ”₯**

πŸ” **Stock:** NVST (NYSE)
⏳ **Timeframe:** 30-Min Chart
πŸ“ˆ **Setup Type:** Bullish Reversal

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### **πŸ“ Trade Plan:**
βœ… **Entry:** **$21.04** (Breakout Confirmation)
❌ **Stop-Loss (SL):** **$20.57** (Below key support for risk management)
🎯 **Target 1:** **$21.54** (First Resistance Level)
πŸš€ **Target 2:** **$22.27** (Major Resistance Level – Moon Shot! πŸŒ™)

πŸ”Ή **Risk-Reward Ratio:** Favorable setup πŸ“Š
πŸ”Ή **Momentum:** Strong **reversal pattern** after testing support πŸ“ˆ
πŸ”Ή **Pattern:** Falling wedge breakout

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### **πŸ”₯ Trade Strategy & Refinements:**
πŸ“Š **Volume Confirmation:** Ensure strong buying volume supports the breakout.
πŸ“‰ **Trailing Stop Strategy:** If price reaches **$21.54**, consider moving SL to breakeven ($21.04) or higher.
πŸ’° **Partial Profit Booking:** Take some profits at **Target 1** and let the rest ride towards **Target 2**.
⚠️ **Watch for Retest:** If price retests $21.04 and holds, it confirms continued momentum.

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### **πŸš€ Final Thoughts:**
βœ… **Bullish Chart Setup** – Reversal potential looks strong.
βœ… **Support Holding Well** – Key level at **$20.57** acting as a floor.
βœ… **Risk Management in Place** – SL ensures controlled downside.

**Plan Your Trade & Trade Your Plan!** πŸ†πŸ’°
Let me know if you need any modifications! πŸš€πŸ“ˆ

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