๐ ๐๐
๐น Asset: Willdan Group, Inc. (NASDAQ: WLDN)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Reversal Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below 41.78 (Breakdown Confirmation)
โ Stop-Loss (SL): Above 44.52 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 39.17 (First Support Level)
๐ TP2: 35.64 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 44.52 - 41.78 = 2.74 risk per unit
๐ Reward to TP1: 41.78 - 39.17 = 2.61 (1:0.95 R/R)
๐ Reward to TP2: 41.78 - 35.64 = 6.14 (1:2.24 R/R)
๐ Technical Analysis & Strategy
๐ Bearish Rising Wedge Breakdown: Price has formed a rising wedge, indicating a potential sell-off.
๐ Overbought Zone Reversal: Strong rejection at 41.78 signals exhaustion of buying pressure.
๐ Volume Confirmation Needed: Rising selling pressure below 41.78 supports the breakdown.
๐ Momentum Shift Expected: If price sustains below 41.78, further downside toward 39.17 and 35.64 is likely.
๐ Key Resistance & Support Levels
๐ด 44.52 โ Stop-Loss / Resistance Level
๐ก 41.78 โ Breakdown Level / Short Entry
โช 39.17 โ First Target / TP1
๐ข 35.64 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong selling pressure below 41.78 before entering.
๐ Trailing Stop Strategy: Move SL to entry (41.78) after TP1 (39.17) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 39.17, let the rest run toward 35.64.
โ Adjust Stop-Loss to Break-even (41.78) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price moves back above 41.78, exit early to minimize losses.
โ Wait for a strong bearish candle close before entering aggressively.
๐ Final Thoughts
โ Bearish Setup โ Rising wedge breakdown signals downside potential.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:2.24 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#WLDN ๐ #NASDAQ ๐ #StockTrading ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Finance ๐ #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #StockSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #StockAlerts ๐ #TradeSmart ๐ค #Bearish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakdown ๐
๐น Asset: Willdan Group, Inc. (NASDAQ: WLDN)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Reversal Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below 41.78 (Breakdown Confirmation)
โ Stop-Loss (SL): Above 44.52 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 39.17 (First Support Level)
๐ TP2: 35.64 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 44.52 - 41.78 = 2.74 risk per unit
๐ Reward to TP1: 41.78 - 39.17 = 2.61 (1:0.95 R/R)
๐ Reward to TP2: 41.78 - 35.64 = 6.14 (1:2.24 R/R)
๐ Technical Analysis & Strategy
๐ Bearish Rising Wedge Breakdown: Price has formed a rising wedge, indicating a potential sell-off.
๐ Overbought Zone Reversal: Strong rejection at 41.78 signals exhaustion of buying pressure.
๐ Volume Confirmation Needed: Rising selling pressure below 41.78 supports the breakdown.
๐ Momentum Shift Expected: If price sustains below 41.78, further downside toward 39.17 and 35.64 is likely.
๐ Key Resistance & Support Levels
๐ด 44.52 โ Stop-Loss / Resistance Level
๐ก 41.78 โ Breakdown Level / Short Entry
โช 39.17 โ First Target / TP1
๐ข 35.64 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong selling pressure below 41.78 before entering.
๐ Trailing Stop Strategy: Move SL to entry (41.78) after TP1 (39.17) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 39.17, let the rest run toward 35.64.
โ Adjust Stop-Loss to Break-even (41.78) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price moves back above 41.78, exit early to minimize losses.
โ Wait for a strong bearish candle close before entering aggressively.
๐ Final Thoughts
โ Bearish Setup โ Rising wedge breakdown signals downside potential.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:2.24 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#WLDN ๐ #NASDAQ ๐ #StockTrading ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Finance ๐ #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #StockSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #StockAlerts ๐ #TradeSmart ๐ค #Bearish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakdown ๐
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.