๐จ๐ฅ
๐ Stock: AAL (NASDAQ)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bearish Breakdown
๐ Trade Plan:
๐ป Entry: $17.03 (Breakdown Confirmation)
โ Stop-Loss (SL): $17.60 (Above resistance level for risk control)
๐ฏ Target 1: $16.39 (Key support level)
๐ Target 2: $15.79 (Major support zone โ Extended Downside Potential)
๐น Risk-Reward Ratio: Favorable for shorting ๐
๐น Momentum: Strong bearish pressure and breakdown ๐
๐น Pattern: Descending triangle breakdown
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Ensure strong selling volume for sustained move.
๐ Trailing Stop Strategy: If price reaches $16.39, consider adjusting SL lower to secure profits.
๐ฐ Partial Profit Booking: Take partial profits at Target 1 and let the rest drop towards Target 2.
โ ๏ธ Watch for Fake Breakdowns: If price reclaims $17.03, exit early to minimize losses.
๐ Final Thoughts:
โ Bearish Pattern Confirmation โ High probability of downward continuation.
โ Strong Resistance at $17.60 โ Ideal SL placement.
โ Breakdown Momentum โ Potential for a sharp decline.
Trade Smart & Stick to Your Plan! ๐๐ฐ
Let me know if you need a more detailed breakdown! ๐๐
#ShortTrade #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
๐ Stock: AAL (NASDAQ)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bearish Breakdown
๐ Trade Plan:
๐ป Entry: $17.03 (Breakdown Confirmation)
โ Stop-Loss (SL): $17.60 (Above resistance level for risk control)
๐ฏ Target 1: $16.39 (Key support level)
๐ Target 2: $15.79 (Major support zone โ Extended Downside Potential)
๐น Risk-Reward Ratio: Favorable for shorting ๐
๐น Momentum: Strong bearish pressure and breakdown ๐
๐น Pattern: Descending triangle breakdown
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Ensure strong selling volume for sustained move.
๐ Trailing Stop Strategy: If price reaches $16.39, consider adjusting SL lower to secure profits.
๐ฐ Partial Profit Booking: Take partial profits at Target 1 and let the rest drop towards Target 2.
โ ๏ธ Watch for Fake Breakdowns: If price reclaims $17.03, exit early to minimize losses.
๐ Final Thoughts:
โ Bearish Pattern Confirmation โ High probability of downward continuation.
โ Strong Resistance at $17.60 โ Ideal SL placement.
โ Breakdown Momentum โ Potential for a sharp decline.
Trade Smart & Stick to Your Plan! ๐๐ฐ
Let me know if you need a more detailed breakdown! ๐๐
#ShortTrade #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.