BAM (Brookfield Asset Management) – 30-Min Short Trade Setup !

📉 🚀
🔹 Asset: Brookfield Asset Management (BAM)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade

📌 Trade Plan (Short Position)
✅ Entry Zone: Below $46.71 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $48.00 (Invalidation Level)

🎯 Take Profit Targets:
📌 TP1: $44.89 (First Support Level)
📌 TP2: $42.84 (Extended Bearish Move)

📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $48.00 - $46.71 = $1.29 per unit
📈 Reward to TP1: $46.71 - $44.89 = $1.82 (1:1.41 R/R)
📈 Reward to TP2: $46.71 - $42.84 = $3.87 (1:3.00 R/R)

💡 Favorable Risk-Reward Setup – Targeting a 1:3.00 R/R at TP2.

🔍 Technical Analysis & Strategy
📌 Bearish Descending Triangle Breakdown – Price broke below the trendline, indicating further downside potential.
📌 Weak Buying Pressure – Struggling to hold above $46.71, signaling seller dominance.
📌 Volume Confirmation Needed – A strong sell volume spike below $46.71 confirms momentum shift.
📌 Momentum Shift Expected – Breakdown could lead to $44.89, then extend to $42.84.

📊 Key Resistance & Support Levels
🔴 $48.00 – Stop-Loss / Resistance Level
🟡 $46.71 – Breakdown Level / Short Entry
⚪ $44.89 – First Target / TP1
🟢 $42.84 – Final Target / TP2

📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven ($46.71) after hitting TP1 ($44.89).

💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $44.89, let the rest run to $42.84.
✔ Adjust SL to breakeven ($46.71) after TP1 is hit.

⚠️ Fake Breakdown Risk
❌ If price moves back above $46.71, exit early to limit losses.
❌ Wait for a strong bearish candle close below $46.71 before an aggressive entry.

🚀 Final Thoughts
✔ Bearish Setup Confirmed – Breakdown signals further downside potential.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:3.00 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥

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