๐ ๐
๐น Asset: American Superconductor Corporation (AMSC)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below $18.60 (Breakout Confirmation)
โ Stop-Loss (SL): Above $19.61 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: $17.29 (First Support Level)
๐ TP2: $15.93 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $19.61 - $18.60 = $1.01 per share
๐ Reward to TP1: $18.60 - $17.29 = $1.31 (1:1.3 R/R)
๐ Reward to TP2: $18.60 - $15.93 = $2.67 (1:2.64 R/R)
๐ Technical Analysis & Strategy
๐ Symmetrical Triangle Breakdown โ Price is testing the lower trendline, signaling potential downside.
๐ Volume Confirmation Needed โ A strong bearish candle below $18.60 confirms entry.
๐ Momentum Shift Expected โ Breakdown could lead to $17.29, then $15.93.
๐ Key Resistance & Support Levels
๐ด $19.61 โ Resistance / SL Level
๐ก $18.60 โ Breakdown Level / Short Entry
โช $17.29 โ First Support / TP1
๐ข $15.93 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation โ Ensure strong selling pressure before entering.
๐ Trailing Stop Strategy โ Move SL to $18.60 (breakeven) after hitting TP1 ($17.29).
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $17.29, let the rest run to $15.93.
โ Adjust SL to breakeven ($18.60) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price moves back above $18.60, exit early to limit losses.
โ Wait for a strong bearish candle close below $18.60 before entering aggressively.
๐ Final Thoughts
โ Bearish Setup Forming โ Breakdown signals a potential downside move.
โ Momentum Shift Expected โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:2.64 R/R at TP2 makes this a high-quality trade.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Follow ProfittoPath for More Trade Setups!
#ProfittoPath ๐ | #AMSC ๐ | #StockMarket ๐ | #BreakdownTrade ๐ | #ShortSetup ๐ฐ | #RiskManagement ๐ | #MarketAnalysis ๐ | #SwingTrading
๐น Asset: American Superconductor Corporation (AMSC)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below $18.60 (Breakout Confirmation)
โ Stop-Loss (SL): Above $19.61 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: $17.29 (First Support Level)
๐ TP2: $15.93 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): $19.61 - $18.60 = $1.01 per share
๐ Reward to TP1: $18.60 - $17.29 = $1.31 (1:1.3 R/R)
๐ Reward to TP2: $18.60 - $15.93 = $2.67 (1:2.64 R/R)
๐ Technical Analysis & Strategy
๐ Symmetrical Triangle Breakdown โ Price is testing the lower trendline, signaling potential downside.
๐ Volume Confirmation Needed โ A strong bearish candle below $18.60 confirms entry.
๐ Momentum Shift Expected โ Breakdown could lead to $17.29, then $15.93.
๐ Key Resistance & Support Levels
๐ด $19.61 โ Resistance / SL Level
๐ก $18.60 โ Breakdown Level / Short Entry
โช $17.29 โ First Support / TP1
๐ข $15.93 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation โ Ensure strong selling pressure before entering.
๐ Trailing Stop Strategy โ Move SL to $18.60 (breakeven) after hitting TP1 ($17.29).
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at $17.29, let the rest run to $15.93.
โ Adjust SL to breakeven ($18.60) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price moves back above $18.60, exit early to limit losses.
โ Wait for a strong bearish candle close below $18.60 before entering aggressively.
๐ Final Thoughts
โ Bearish Setup Forming โ Breakdown signals a potential downside move.
โ Momentum Shift Expected โ Watch for volume confirmation.
โ Favorable Risk-Reward Ratio โ 1:2.64 R/R at TP2 makes this a high-quality trade.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Follow ProfittoPath for More Trade Setups!
#ProfittoPath ๐ | #AMSC ๐ | #StockMarket ๐ | #BreakdownTrade ๐ | #ShortSetup ๐ฐ | #RiskManagement ๐ | #MarketAnalysis ๐ | #SwingTrading
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Declinazione di responsabilitร
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.