CHWY/USD – 30-Min Short Trade Setup!Chewy, Inc.BATS:CHWYProfittoPath📉 🚀 🔹 Asset: CHWY (Chewy, Inc.) 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bearish Breakdown 📌 Trade Plan (Short Position) ✅ Entry: Below $36.10 (Breakdown Confirmation) ✅ Stop-Loss: Above $37.45 (Break of Resistance) 🎯 Targets: 📌 TP1: $34.76 (First Support Level) 📌 TP2: $33.39 (Extended Bearish Move) 📊 Risk-Reward Ratio 📉 Risk: $37.45 - $36.10 = $1.35 per share 📉 Reward: ✔ TP1: $36.10 - $34.76 = $1.34 (1:1 R/R) ✔ TP2: $36.10 - $33.39 = $2.71 (1:2 R/R) 🔍 Technical Analysis 📌 Rising Wedge Breakdown – Bearish structure forming. 📌 Bearish Momentum – Price rejecting trendline & failing to hold support. 📌 Breakdown Confirmation – Strong volume below $36.10 signals further downside. 📉 Risk Management 📊 Confirm Volume – Strong selling pressure below $36.10 before entering. 📈 Trailing Stop – Move SL to entry after TP1 ($34.76). 💰 Partial Profits – Take 50% at $34.76, let the rest run to $33.39. 🚀 Trade smart, follow the plan & manage risk! 🔥