๐ ๐
๐น Asset: Willdan Group (WLDN)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below $40.40 (Breakdown Confirmation)
โ Stop-Loss (SL): Above $42.02 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: $38.32 (First Support Level)
๐ TP2: $35.82 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $42.02 - $40.40 = $1.62 per unit
๐ Reward to TP1: $40.40 - $38.32 = $2.08 (1:1.28 R/R)
๐ Reward to TP2: $40.40 - $35.82 = $4.58 (1:2.83 R/R)
๐ก Favorable Risk-Reward Setup โ Targeting a 1:2.83 R/R at TP2.
๐ Technical Analysis & Strategy
๐ Bearish Rising Wedge Breakdown โ Price has broken below the ascending support line.
๐ Weak Buying Pressure โ Struggling to hold above $40.40, signaling seller dominance.
๐ Volume Confirmation Needed โ Strong selling pressure below $40.40 confirms momentum.
๐ Momentum Shift Expected โ Breakdown could lead to $38.32, then $35.82.
๐ Key Resistance & Support Levels
๐ด $42.02 โ Stop-Loss / Resistance Level
๐ก $40.40 โ Breakdown Level / Short Entry
โช $38.32 โ First Target / TP1
๐ข $35.82 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation โ Ensure strong selling pressure before entry.
๐ Trailing Stop Strategy โ Move SL to breakeven ($40.40) after hitting TP1 ($38.32).
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $38.32, let the rest run to $35.82.
โ Adjust SL to breakeven ($40.40) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk:
โ If price moves back above $40.40, exit early to limit losses.
โ Wait for a strong bearish candle close before aggressive entry.
๐ Final Thoughts
โ Bearish Setup โ Breakdown signals downside potential.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:2.83 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Engagement:
#WLDN ๐ #StockTrading ๐ #TradingNews ๐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Stocks 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 (WLDN)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below $40.40 (Breakdown Confirmation)
โ Stop-Loss (SL): Above $42.02 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: $38.32 (First Support Level)
๐ TP2: $35.82 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $42.02 - $40.40 = $1.62 per unit
๐ Reward to TP1: $40.40 - $38.32 = $2.08 (1:1.28 R/R)
๐ Reward to TP2: $40.40 - $35.82 = $4.58 (1:2.83 R/R)
๐ก Favorable Risk-Reward Setup โ Targeting a 1:2.83 R/R at TP2.
๐ Technical Analysis & Strategy
๐ Bearish Rising Wedge Breakdown โ Price has broken below the ascending support line.
๐ Weak Buying Pressure โ Struggling to hold above $40.40, signaling seller dominance.
๐ Volume Confirmation Needed โ Strong selling pressure below $40.40 confirms momentum.
๐ Momentum Shift Expected โ Breakdown could lead to $38.32, then $35.82.
๐ Key Resistance & Support Levels
๐ด $42.02 โ Stop-Loss / Resistance Level
๐ก $40.40 โ Breakdown Level / Short Entry
โช $38.32 โ First Target / TP1
๐ข $35.82 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation โ Ensure strong selling pressure before entry.
๐ Trailing Stop Strategy โ Move SL to breakeven ($40.40) after hitting TP1 ($38.32).
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $38.32, let the rest run to $35.82.
โ Adjust SL to breakeven ($40.40) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk:
โ If price moves back above $40.40, exit early to limit losses.
โ Wait for a strong bearish candle close before aggressive entry.
๐ Final Thoughts
โ Bearish Setup โ Breakdown signals downside potential.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:2.83 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Engagement:
#WLDN ๐ #StockTrading ๐ #TradingNews ๐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Stocks 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.