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S50U2022 - SHORT
SET50 Index Futures
Short
S50U2022 - SHORT
By Kumasanfx
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Aug 24, 2022
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Aug 24, 2022
Risk taking decisions
Trade setup
1) Price reach supply zone
2) Price stay under uptrend line
3) Risk/Reward ratio more than 3
Trigger
1) Short if price break down from the wedge.
2) Short if price break up and fall right back below wedge
The Stop Loss
Close short if price goes above previous high
The Price Target
Target 1 : 980
Target 2 : 970
The lower targets are long shot
The Reward-to-Risk.
4.39 (Target 2)
set50future
Support and Resistance
Trend Lines
Kumasanfx
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