Another RVN Short Position Scenario with R/R 3.3!
According to past records, we got good profits from this digital currency in selling positions, and this time the downward movement can be the last downward movement to reach the specified goals.
This movement has 2 important ranges, the first one is the specified range of $0.0207 and a little above it is the 4-2 downtrend line, which is a specific position for us to detect a trend change.
As long as the price is below this range, in accordance with the capital management and the loss limit, it is similar to the positions offered in two points and entered into the sale transaction and following the trend until the specified lower targets.
As a result, any upward movement seen in this range of currency can be a good opportunity to add to the volume of sales transactions.
Pay attention, in this type of positioning, we enter into the transaction with the same volume at two points, so that our average finally creates a transaction with a risk-to-reward of 3.3, which is reasonable.
This movement has 2 important ranges, the first one is the specified range of $0.0207 and a little above it is the 4-2 downtrend line, which is a specific position for us to detect a trend change.
As long as the price is below this range, in accordance with the capital management and the loss limit, it is similar to the positions offered in two points and entered into the sale transaction and following the trend until the specified lower targets.
As a result, any upward movement seen in this range of currency can be a good opportunity to add to the volume of sales transactions.
Pay attention, in this type of positioning, we enter into the transaction with the same volume at two points, so that our average finally creates a transaction with a risk-to-reward of 3.3, which is reasonable.
Follow Your Own Trading Plan!
😍 Join our free Telegram Channel for more analysis
💰Telegram: t.me/Forex_Crypto_Signal_Free_VIP🙌
🌎Website (Persian): FiboTech.Trade
😍 Join our free Telegram Channel for more analysis
💰Telegram: t.me/Forex_Crypto_Signal_Free_VIP🙌
🌎Website (Persian): FiboTech.Trade
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.