META Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

A- BEAR Technology · Social Media

META is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $543.14, currently 0.27% away. This pattern has shown a 1.3x profit factor across 16 backtested trades.

Current Setup

Close$544.61 +0.30%
Breakout Level$543.14
Distance to Level0.27%
RVOL0.9×
Pressure54
PatternChannel

Trade Plan

Entry$541.62
Stop$545.27
TP1$537.96
TP2$534.30
TP3$530.64

Chart

META breakout scanner chart

Backtest Performance

Win Rate
56%
Profit Factor
1.29x
Avg R
+0.12R
Trades
16
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 24 BEAR A- $598.39 $602.73 $594.05 $602.73 LOSS -1.00R 2
Jul 15 BULL A- $668.91 $662.67 $675.15 $675.15 WIN +1.00R 2
Jul 7 BULL A- $620.84 $614.81 $626.88 $614.81 LOSS -1.00R 4
Jun 24 BEAR A+ $559.66 $563.66 $555.66 $555.66 WIN +1.00R 2
Jun 22 BEAR A- $563.37 $568.38 $558.36 $568.38 LOSS -1.00R 12
Jun 10 BEAR A- $577.19 $582.88 $571.50 $571.50 WIN +1.00R 9
Jun 10 BEAR A- $578.78 $584.59 $572.98 $572.98 WIN +1.00R 9
May 21 BEAR A- $597.30 $600.71 $593.88 $600.71 LOSS -1.00R 3
May 12 BEAR A- $597.34 $600.69 $593.99 $600.69 LOSS -1.00R 3
May 11 BEAR A- $605.19 $608.09 $602.29 $602.29 WIN +1.00R 2
May 4 BEAR A- $604.12 $609.21 $599.03 $609.21 LOSS -1.00R 2
Apr 17 BULL A- $678.26 $674.12 $682.41 $682.41 WIN +1.00R 2
Apr 2 BEAR A- $575.01 $580.62 $569.41 $569.41 WIN +1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-08-20 A- BEAR $543.14 0.36% 54
2026-08-20 B+ BEAR $543.14 0.44% 56
2026-08-20 B BEAR $543.14 0.68% 61
2026-08-20 A- BEAR $543.14 0.09% 53
2026-08-20 B+ BEAR $543.82 0.37% 60
2026-08-20 B+ BEAR $543.82 0.79% 74
2026-08-20 B+ BEAR $543.82 0.82% 73
2026-08-20 B BEAR $543.82 0.42% 73
2026-08-20 B+ BEAR $543.82 0.29% 74
2026-08-20 A- BEAR $544.49 0.31% 79

Bot Activity

DateSideResultRExit
2026-06-24 BEAR
2026-06-10 BEAR ENTRY_REJECTED: price $571.20 already above stop $571.50

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