📉 🔻
🔹 Asset: Hyperfine, Inc. (HYPR – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bear Flag Breakdown + Retest Rejection
📊 Trade Plan (Short Position)
✅ Entry Zone: Below $0.60 (Confirmed breakdown of wedge support)
✅ Stop-Loss (SL): Above $0.6541 (horizontal resistance + wedge trendline)
🎯 Take Profit Targets:
📌 TP1: $0.5356 (minor support zone)
📌 TP2: $0.5000 (psychological round number)
📌 TP3: $0.4677 (previous structure)
📌 TP4: $0.4170 (major support level, yellow line)
📐 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$0.6541 - $0.60 = $0.0541 risk per share
📈 Reward to TP2:
$0.60 - $0.50 = $0.10 → R/R = 1:1.85
📈 Reward to TP4:
$0.60 - $0.4170 = $0.183 → R/R = 1:3.38
🔍 Technical Analysis & Strategy
📌 Falling Wedge Pattern: Broken to downside
📌 Retest Rejection: Price retested wedge but failed to break back above
📌 Bearish Momentum: No volume surge on bounce; sellers in control
📌 Clean Downtrend: Lower highs, lower lows confirm continuation
📉 Trade Execution & Risk Management
📊 Entry Confirmation: Weak price action & rejection below $0.60
📉 Trailing Stop Strategy: Move SL to breakeven after TP1
💰 Partial Profit Booking:
✔ 50% profits at TP2 ($0.50)
✔ Let rest ride toward TP4
✔ Adjust SL to entry after TP1
⚠️ Setup Invalidation
❌ Price closes above $0.6541
❌ Strong bullish candle with high volume
❌ Reclaims broken wedge support
🚨 Final Thoughts
✔ Clear bearish pattern with strong R/R setup
✔ Good opportunity for short-biased momentum traders
✔ Stick to the plan. Let the chart guide the trade.
🔗 #HYPR #BearishSetup #TechnicalAnalysis #ProfittoPath #ChartBreakdown #StockTrading #ShortTrade #RisktoReward #WedgeBreakdown
🔹 Asset: Hyperfine, Inc. (HYPR – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bear Flag Breakdown + Retest Rejection
📊 Trade Plan (Short Position)
✅ Entry Zone: Below $0.60 (Confirmed breakdown of wedge support)
✅ Stop-Loss (SL): Above $0.6541 (horizontal resistance + wedge trendline)
🎯 Take Profit Targets:
📌 TP1: $0.5356 (minor support zone)
📌 TP2: $0.5000 (psychological round number)
📌 TP3: $0.4677 (previous structure)
📌 TP4: $0.4170 (major support level, yellow line)
📐 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$0.6541 - $0.60 = $0.0541 risk per share
📈 Reward to TP2:
$0.60 - $0.50 = $0.10 → R/R = 1:1.85
📈 Reward to TP4:
$0.60 - $0.4170 = $0.183 → R/R = 1:3.38
🔍 Technical Analysis & Strategy
📌 Falling Wedge Pattern: Broken to downside
📌 Retest Rejection: Price retested wedge but failed to break back above
📌 Bearish Momentum: No volume surge on bounce; sellers in control
📌 Clean Downtrend: Lower highs, lower lows confirm continuation
📉 Trade Execution & Risk Management
📊 Entry Confirmation: Weak price action & rejection below $0.60
📉 Trailing Stop Strategy: Move SL to breakeven after TP1
💰 Partial Profit Booking:
✔ 50% profits at TP2 ($0.50)
✔ Let rest ride toward TP4
✔ Adjust SL to entry after TP1
⚠️ Setup Invalidation
❌ Price closes above $0.6541
❌ Strong bullish candle with high volume
❌ Reclaims broken wedge support
🚨 Final Thoughts
✔ Clear bearish pattern with strong R/R setup
✔ Good opportunity for short-biased momentum traders
✔ Stick to the plan. Let the chart guide the trade.
🔗 #HYPR #BearishSetup #TechnicalAnalysis #ProfittoPath #ChartBreakdown #StockTrading #ShortTrade #RisktoReward #WedgeBreakdown
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.