If the price breaks down towards $1958, I will enter a sell position with a target of $1946.
The risk-to-reward ratio is appropriate, but don't forget about setting a stop-loss level. Be patient and wait for a breakout, and avoid rushing into things.
The risk-to-reward ratio is appropriate, but don't forget about setting a stop-loss level. Be patient and wait for a breakout, and avoid rushing into things.
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Note
After the candle closes, you can lower your stop loss after 30 minutes.Trade closed: target reached
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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.
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.