AAON (AAON Inc.) – 30-Min Short Trade Setup!
📉 🚀
🔹 Asset: AAON Inc. (AAON)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $79.84 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $87.35 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $73.33 (First Support Level)
📌 TP2: $64.83 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $87.35 - $79.84 = $7.51 risk per unit
📈 Reward to TP1: $79.84 - $73.33 = $6.51 (1:0.87 R/R)
📈 Reward to TP2: $79.84 - $64.83 = $15.01 (1:2.00 R/R)
💡 Favorable Risk-Reward Setup – Aiming for a 1:2.00 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown – Price has broken below an ascending support line.
📌 Weak Buying Pressure – Struggling to hold above $79.84, signaling seller dominance.
📌 Volume Confirmation Needed – Increased selling pressure below $79.84 will confirm the downside move.
📌 Momentum Shift Expected – Breakdown below $79.84 can push price to $73.33, then $64.83.
📊 Key Resistance & Support Levels
🔴 $87.35 – Stop-Loss / Resistance Level
🟡 $79.84 – Breakdown Level / Short Entry
⚪ $73.33 – First Target / TP1
🟢 $64.83 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure below $79.84 before entering.
📉 Trailing Stop Strategy – Move SL to breakeven ($79.84) after hitting TP1 ($73.33).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $73.33, let the rest run to $64.83.
✔ Adjust SL to breakeven ($79.84) after TP1 is hit.
⚠️ Fake Breakdown Risk:
❌ If price moves back above $79.84, exit early to limit losses.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.00 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Engagement:
#AAON 📉 #StockTrading 📊 #TradingNews 📉 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Stocks 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
🔹 Asset: AAON Inc. (AAON)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $79.84 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $87.35 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $73.33 (First Support Level)
📌 TP2: $64.83 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $87.35 - $79.84 = $7.51 risk per unit
📈 Reward to TP1: $79.84 - $73.33 = $6.51 (1:0.87 R/R)
📈 Reward to TP2: $79.84 - $64.83 = $15.01 (1:2.00 R/R)
💡 Favorable Risk-Reward Setup – Aiming for a 1:2.00 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown – Price has broken below an ascending support line.
📌 Weak Buying Pressure – Struggling to hold above $79.84, signaling seller dominance.
📌 Volume Confirmation Needed – Increased selling pressure below $79.84 will confirm the downside move.
📌 Momentum Shift Expected – Breakdown below $79.84 can push price to $73.33, then $64.83.
📊 Key Resistance & Support Levels
🔴 $87.35 – Stop-Loss / Resistance Level
🟡 $79.84 – Breakdown Level / Short Entry
⚪ $73.33 – First Target / TP1
🟢 $64.83 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure below $79.84 before entering.
📉 Trailing Stop Strategy – Move SL to breakeven ($79.84) after hitting TP1 ($73.33).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $73.33, let the rest run to $64.83.
✔ Adjust SL to breakeven ($79.84) after TP1 is hit.
⚠️ Fake Breakdown Risk:
❌ If price moves back above $79.84, exit early to limit losses.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.00 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Engagement:
#AAON 📉 #StockTrading 📊 #TradingNews 📉 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Stocks 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
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.