WLDN – 30-Min Short Trade Setup!

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📌 📉🚀

🔹 Asset: Willdan Group, Inc. (NASDAQ: WLDN)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Reversal Trade

📌 Trade Plan (Short Position)
✅ Entry Zone: Below 41.78 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above 44.52 (Invalidation Level)

🎯 Take Profit Targets:
📌 TP1: 39.17 (First Support Level)
📌 TP2: 35.64 (Extended Bearish Move)

📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 44.52 - 41.78 = 2.74 risk per unit
📈 Reward to TP1: 41.78 - 39.17 = 2.61 (1:0.95 R/R)
📈 Reward to TP2: 41.78 - 35.64 = 6.14 (1:2.24 R/R)

🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown: Price has formed a rising wedge, indicating a potential sell-off.
📌 Overbought Zone Reversal: Strong rejection at 41.78 signals exhaustion of buying pressure.
📌 Volume Confirmation Needed: Rising selling pressure below 41.78 supports the breakdown.
📌 Momentum Shift Expected: If price sustains below 41.78, further downside toward 39.17 and 35.64 is likely.

📊 Key Resistance & Support Levels
🔴 44.52 – Stop-Loss / Resistance Level
🟡 41.78 – Breakdown Level / Short Entry
⚪ 39.17 – First Target / TP1
🟢 35.64 – Final Target / TP2

📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong selling pressure below 41.78 before entering.
📉 Trailing Stop Strategy: Move SL to entry (41.78) after TP1 (39.17) is hit.

💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 39.17, let the rest run toward 35.64.
✔ Adjust Stop-Loss to Break-even (41.78) after TP1 is hit.

⚠️ Fake Breakdown Risk
❌ If price moves back above 41.78, exit early to minimize losses.
❌ Wait for a strong bearish candle close before entering aggressively.

🚀 Final Thoughts
✔ Bearish Setup – Rising wedge breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Risk-Reward Ratio – Favorable 1:2.24 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥

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