WLDN (Willdan Group) – 30-Min Short Trade Setup!📉 🚀
🔹 Asset: Willdan Group (WLDN)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $40.40 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $42.02 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $38.32 (First Support Level)
📌 TP2: $35.82 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $42.02 - $40.40 = $1.62 per unit
📈 Reward to TP1: $40.40 - $38.32 = $2.08 (1:1.28 R/R)
📈 Reward to TP2: $40.40 - $35.82 = $4.58 (1:2.83 R/R)
💡 Favorable Risk-Reward Setup – Targeting a 1:2.83 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown – Price has broken below the ascending support line.
📌 Weak Buying Pressure – Struggling to hold above $40.40, signaling seller dominance.
📌 Volume Confirmation Needed – Strong selling pressure below $40.40 confirms momentum.
📌 Momentum Shift Expected – Breakdown could lead to $38.32, then $35.82.
📊 Key Resistance & Support Levels
🔴 $42.02 – Stop-Loss / Resistance Level
🟡 $40.40 – Breakdown Level / Short Entry
⚪ $38.32 – First Target / TP1
🟢 $35.82 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven ($40.40) after hitting TP1 ($38.32).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $38.32, let the rest run to $35.82.
✔ Adjust SL to breakeven ($40.40) after TP1 is hit.
⚠️ Fake Breakdown Risk:
❌ If price moves back above $40.40, exit early to limit losses.
❌ Wait for a strong bearish candle close before aggressive entry.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.83 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
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