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