📉 🚀
🔹 Asset: CDE (Coeur Mining, Inc.)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown
📌 Trade Plan (Short Position)
✅ Entry: Below $5.00 (Breakdown Confirmation)
✅ Stop-Loss: Above $5.26 (Break of Resistance)
🎯 Targets:
📌 TP1: $4.82 (First Support Level)
📌 TP2: $4.59 (Extended Bearish Move)
📊 Risk-Reward Ratio
📉 Risk: $5.26 - $5.00 = $0.26 per share
📉 Reward:
✔ TP1: $5.00 - $4.82 = $0.18 (1:0.69 R/R)
✔ TP2: $5.00 - $4.59 = $0.41 (1:1.57 R/R)
🔍 Technical Analysis
📌 Descending Triangle Breakdown – Weak structure, potential downside.
📌 Bearish Momentum – Price struggling to reclaim resistance.
📌 Breakdown Confirmation – Strong volume below $5.00 signals further downside.
📉 Risk Management
📊 Confirm Volume – Strong selling pressure before entry.
📈 Trailing Stop – Move SL to entry after TP1 ($4.82).
💰 Partial Profits – Take 50% at $4.82, let the rest run to $4.59.
🚀 Stay disciplined, follow the plan & manage risk! 🔥
🔹 Asset: CDE (Coeur Mining, Inc.)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown
📌 Trade Plan (Short Position)
✅ Entry: Below $5.00 (Breakdown Confirmation)
✅ Stop-Loss: Above $5.26 (Break of Resistance)
🎯 Targets:
📌 TP1: $4.82 (First Support Level)
📌 TP2: $4.59 (Extended Bearish Move)
📊 Risk-Reward Ratio
📉 Risk: $5.26 - $5.00 = $0.26 per share
📉 Reward:
✔ TP1: $5.00 - $4.82 = $0.18 (1:0.69 R/R)
✔ TP2: $5.00 - $4.59 = $0.41 (1:1.57 R/R)
🔍 Technical Analysis
📌 Descending Triangle Breakdown – Weak structure, potential downside.
📌 Bearish Momentum – Price struggling to reclaim resistance.
📌 Breakdown Confirmation – Strong volume below $5.00 signals further downside.
📉 Risk Management
📊 Confirm Volume – Strong selling pressure before entry.
📈 Trailing Stop – Move SL to entry after TP1 ($4.82).
💰 Partial Profits – Take 50% at $4.82, let the rest run to $4.59.
🚀 Stay disciplined, follow the plan & manage risk! 🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.