🎯 Take Profit Targets: 📌 TP1: $50.46 (First Support Level) 📌 TP2: $49.10 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $53.09 - $51.72 = $1.37 risk per unit 📈 Reward to TP1: $51.72 - $50.46 = $1.26 (1:0.92 R/R) 📈 Reward to TP2: $51.72 - $49.10 = $2.62 (1:1.91 R/R)
💡 Good Risk-Reward Setup – Aiming for a 1:1.91 R/R at TP2.
🔍 Technical Analysis & Strategy 📌 Bearish Descending Trendline Rejection – Price was rejected at the descending trendline. 📌 Weak Buying Pressure – Struggling to break out above resistance. 📌 Volume Confirmation Needed – A strong selling volume below $51.72 will confirm the short setup. 📌 Momentum Shift Expected – Breakdown below $51.72 can push price to $50.46, then $49.10.
📊 Key Resistance & Support Levels 🔴 $53.09 – Stop-Loss / Resistance Level 🟡 $51.72 – Breakdown Level / Short Entry ⚪ $50.46 – First Target / TP1 🟢 $49.10 – Final Target / TP2
📉 Trade Execution & Risk Management 📊 Volume Confirmation – Ensure strong selling pressure below $51.72 before entering. 📉 Trailing Stop Strategy – Move SL to breakeven ($51.72) after hitting TP1 ($50.46). 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at $50.46, let the rest run to $49.10. ✔ Adjust SL to breakeven ($51.72) after TP1 is hit.
⚠️ Fake Breakdown Risk: ❌ If price moves back above $51.72, 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 – 1:1.91 R/R to TP2. 💡 Stick to the plan, manage risk, and trade smart! 📉🔥
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Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.