KROS โ 30-Min Short Trade Setup!๐ ๐ป
๐น Asset: Keros Therapeutics, Inc. (KROS โ NASDAQ)
๐น Chart Pattern: Rising Wedge Breakdown + Lower High Rejection
๐น Timeframe: 30-Minute
๐ Trade Plan โ Short Position
โ
Entry Zone: $14.29 (Breakdown + yellow zone rejection + trendline failure)
โ
Stop-Loss (SL): $14.69 (Above recent high + wedge resistance)
๐ฏ Take Profit Targets:
๐ TP1: $13.57 โ Key support zone
๐ TP2: $12.89 โ Strong demand base & trend origin
๐ Risk-Reward Calculation
๐ฅ Risk per share: $0.40
๐ฉ Reward to TP2: $1.40
๐ R/R Ratio: ~1 : 3.5 โ Excellent setup for swing short
๐ Technical Highlights
๐ Breakdown of rising wedge pattern confirmed
๐ Yellow zone flipped to resistance โ
๐ Strong rejection candle near wedge top
๐ Increasing selling pressure with volume divergence
๐ Risk Management Strategy
๐ Shift SL to breakeven after TP1 hit
๐ฐ Secure partial profits at $13.57
๐ Let the runner ride to $12.89 with a trailing stop
๐จ Setup Invalidation If:
โ Price reclaims $14.69 and closes above
โ Bullish engulfing near wedge resistance
โ Lack of follow-through or volume drying up
KROS trade ideas
Slowly but gradually. Keros Therapeutics. KROSSmall biopharmaceutical company correcting within a correction. Upward motion supposed from previous most recent and relevant action. Don't trade B Waves.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!