PRTS Short Trade Setup (30-Min Chart)!
### 🔻 📉
🔍 **Stock:** PRTS (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📉 **Setup Type:** Bearish Breakdown
### 📍 **Trade Plan:**
✅ **Entry Zone:** $1.18 (Breakdown confirmation from the descending triangle)
🚀 **Take Profit 1 (TP1):** $1.11 (First Key Support)
🚀 **Take Profit 2 (TP2):** $1.04 (Extended Target if selling pressure continues)
🔻 **Stop-Loss (SL):** $1.24 (Above resistance to limit risk)
📊 **Risk-Reward Ratio:** Favorable for a bearish continuation 📉📈
### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** Bearish Breakdown from a Descending Triangle 📈 → 📉
✅ **Resistance Zone:** Strong seller presence around $1.18 - $1.24
✅ **Breakdown Confirmation Needed:** Price should drop below $1.18 with strong volume
✅ **Momentum Shift Expected:** Breakdown signals a potential downtrend
### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for increased selling volume below $1.18 📉
📉 **Trailing Stop Strategy:** Once price reaches TP1 ($1.11), adjust SL lower to secure profits
💰 **Partial Profit Booking:** Take partial profits at $1.11 and let the rest ride toward $1.04+
⚠️ **Watch for Fake Breakdowns:** If price rises back above $1.20, reconsider the setup
### 🚀 **Final Thoughts:**
✅ **Bearish Breakdown Expected** – High probability of continuation lower 📉
✅ **Strong Resistance at $1.18 - $1.24** – Ideal short entry for risk-reward optimization 💰
✅ **Momentum Shift Possible** – A drop below $1.11 could accelerate downside move 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📉
🔗 **#ShortTrade #StockTrading #PRTS #TechnicalAnalysis #DayTrading #MomentumTrading #BearishBreakdown #RiskReward #TradingPlan #ProfitToPath** vibes12 dvibes1234
🔍 **Stock:** PRTS (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📉 **Setup Type:** Bearish Breakdown
### 📍 **Trade Plan:**
✅ **Entry Zone:** $1.18 (Breakdown confirmation from the descending triangle)
🚀 **Take Profit 1 (TP1):** $1.11 (First Key Support)
🚀 **Take Profit 2 (TP2):** $1.04 (Extended Target if selling pressure continues)
🔻 **Stop-Loss (SL):** $1.24 (Above resistance to limit risk)
📊 **Risk-Reward Ratio:** Favorable for a bearish continuation 📉📈
### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** Bearish Breakdown from a Descending Triangle 📈 → 📉
✅ **Resistance Zone:** Strong seller presence around $1.18 - $1.24
✅ **Breakdown Confirmation Needed:** Price should drop below $1.18 with strong volume
✅ **Momentum Shift Expected:** Breakdown signals a potential downtrend
### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for increased selling volume below $1.18 📉
📉 **Trailing Stop Strategy:** Once price reaches TP1 ($1.11), adjust SL lower to secure profits
💰 **Partial Profit Booking:** Take partial profits at $1.11 and let the rest ride toward $1.04+
⚠️ **Watch for Fake Breakdowns:** If price rises back above $1.20, reconsider the setup
### 🚀 **Final Thoughts:**
✅ **Bearish Breakdown Expected** – High probability of continuation lower 📉
✅ **Strong Resistance at $1.18 - $1.24** – Ideal short entry for risk-reward optimization 💰
✅ **Momentum Shift Possible** – A drop below $1.11 could accelerate downside move 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📉
🔗 **#ShortTrade #StockTrading #PRTS #TechnicalAnalysis #DayTrading #MomentumTrading #BearishBreakdown #RiskReward #TradingPlan #ProfitToPath** vibes12 dvibes1234
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