MY gold trade setup using the bullish flag pattern suggests:
Entry: 3025
Target: 3028
Stop Loss: 3016
Risk-Reward Ratio Analysis
Risk: 3025 - 3016 = 90 points
Reward: 3048 - 3025 = 300points
Risk-Reward Ratio (RRR): 1:0.33
Considerations:
The risk-reward ratio is quite low (typically, traders aim for at least 1:2 or 1:3).
Bullish flags usually indicate continuation patterns, but confirmation is key.
Ensure volume supports the breakout for better conviction.
Would you like help refining the trade for better risk management?
Entry: 3025
Target: 3028
Stop Loss: 3016
Risk-Reward Ratio Analysis
Risk: 3025 - 3016 = 90 points
Reward: 3048 - 3025 = 300points
Risk-Reward Ratio (RRR): 1:0.33
Considerations:
The risk-reward ratio is quite low (typically, traders aim for at least 1:2 or 1:3).
Bullish flags usually indicate continuation patterns, but confirmation is key.
Ensure volume supports the breakout for better conviction.
Would you like help refining the trade for better risk management?
Trade active
trade active from 3025 keep hold target 3048Trade closed: target reached
gold touch 3045 profit runing 200 pips target almost reached
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.