MY considering a short trade on GBP/USD at 1.32450 with targets at 1.31200 and 1.30380. To solidify this trade setup, let's discuss:
1. *Stop-loss placement*: Above recent swing highs or key resistance levels.
2. *Risk/reward ratio*: Determine your desired ratio (e.g., 1:2 or 1:3).
3. *Position sizing*: Calculate your position size based on risk tolerance.
Would you like help with:
1. Setting stop-loss and take-profit levels?
2. Calculating position size?
3. Analyzing the chart for potential trade confirmations?
Let me know!
1. *Stop-loss placement*: Above recent swing highs or key resistance levels.
2. *Risk/reward ratio*: Determine your desired ratio (e.g., 1:2 or 1:3).
3. *Position sizing*: Calculate your position size based on risk tolerance.
Would you like help with:
1. Setting stop-loss and take-profit levels?
2. Calculating position size?
3. Analyzing the chart for potential trade confirmations?
Let me know!
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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.
t.me/Gold_Analysis_Experiment
Join my telegram channel:
Free signal's & technical analysis
t.me/Trade_With_Gold_King005
Forex and crypto free signal's join me telegram
Join my telegram channel:
Free signal's & technical analysis
t.me/Trade_With_Gold_King005
Forex and crypto free signal's join me telegram
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.