๐ ๐ป
๐น Asset: Hyperfine, Inc. (HYPR โ NASDAQ)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bear Flag Breakdown + Retest Rejection
๐ Trade Plan (Short Position)
โ Entry Zone: Below $0.60 (Confirmed breakdown of wedge support)
โ Stop-Loss (SL): Above $0.6541 (horizontal resistance + wedge trendline)
๐ฏ Take Profit Targets:
๐ TP1: $0.5356 (minor support zone)
๐ TP2: $0.5000 (psychological round number)
๐ TP3: $0.4677 (previous structure)
๐ TP4: $0.4170 (major support level, yellow line)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance):
$0.6541 - $0.60 = $0.0541 risk per share
๐ Reward to TP2:
$0.60 - $0.50 = $0.10 โ R/R = 1:1.85
๐ Reward to TP4:
$0.60 - $0.4170 = $0.183 โ R/R = 1:3.38
๐ Technical Analysis & Strategy
๐ Falling Wedge Pattern: Broken to downside
๐ Retest Rejection: Price retested wedge but failed to break back above
๐ Bearish Momentum: No volume surge on bounce; sellers in control
๐ Clean Downtrend: Lower highs, lower lows confirm continuation
๐ Trade Execution & Risk Management
๐ Entry Confirmation: Weak price action & rejection below $0.60
๐ Trailing Stop Strategy: Move SL to breakeven after TP1
๐ฐ Partial Profit Booking:
โ 50% profits at TP2 ($0.50)
โ Let rest ride toward TP4
โ Adjust SL to entry after TP1
โ ๏ธ Setup Invalidation
โ Price closes above $0.6541
โ Strong bullish candle with high volume
โ Reclaims broken wedge support
๐จ Final Thoughts
โ Clear bearish pattern with strong R/R setup
โ Good opportunity for short-biased momentum traders
โ Stick to the plan. Let the chart guide the trade.
๐ #HYPR #BearishSetup #TechnicalAnalysis #ProfittoPath #ChartBreakdown #StockTrading #ShortTrade #RisktoReward #WedgeBreakdown
๐น Asset: Hyperfine, Inc. (HYPR โ NASDAQ)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bear Flag Breakdown + Retest Rejection
๐ Trade Plan (Short Position)
โ Entry Zone: Below $0.60 (Confirmed breakdown of wedge support)
โ Stop-Loss (SL): Above $0.6541 (horizontal resistance + wedge trendline)
๐ฏ Take Profit Targets:
๐ TP1: $0.5356 (minor support zone)
๐ TP2: $0.5000 (psychological round number)
๐ TP3: $0.4677 (previous structure)
๐ TP4: $0.4170 (major support level, yellow line)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance):
$0.6541 - $0.60 = $0.0541 risk per share
๐ Reward to TP2:
$0.60 - $0.50 = $0.10 โ R/R = 1:1.85
๐ Reward to TP4:
$0.60 - $0.4170 = $0.183 โ R/R = 1:3.38
๐ Technical Analysis & Strategy
๐ Falling Wedge Pattern: Broken to downside
๐ Retest Rejection: Price retested wedge but failed to break back above
๐ Bearish Momentum: No volume surge on bounce; sellers in control
๐ Clean Downtrend: Lower highs, lower lows confirm continuation
๐ Trade Execution & Risk Management
๐ Entry Confirmation: Weak price action & rejection below $0.60
๐ Trailing Stop Strategy: Move SL to breakeven after TP1
๐ฐ Partial Profit Booking:
โ 50% profits at TP2 ($0.50)
โ Let rest ride toward TP4
โ Adjust SL to entry after TP1
โ ๏ธ Setup Invalidation
โ Price closes above $0.6541
โ Strong bullish candle with high volume
โ Reclaims broken wedge support
๐จ Final Thoughts
โ Clear bearish pattern with strong R/R setup
โ Good opportunity for short-biased momentum traders
โ Stick to the plan. Let the chart guide the trade.
๐ #HYPR #BearishSetup #TechnicalAnalysis #ProfittoPath #ChartBreakdown #StockTrading #ShortTrade #RisktoReward #WedgeBreakdown
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.