🟢 Easy idea on FANG for 10% returns
FANG is offering today a 10% returns opportunity risking just 2,5% in the deal.
Furthermore, FANG has multiple patterns supporting this.
As a bonus point, I will explain how to do this trade RISK-FREE.
✅ What pattern is unfolding in FANG?
FANG has broken a minor blue trendline meaning that the price should fall at least until the first serious support (the red line).
If this red line is also broken, we have a potential 10% decline.
💰 How to trade this chart pattern?
Selling when the blue line is broken is the most optimal idea. To be sure that I do not fail, I will split my position in 2 take profits, so at least I can pay my stop loss and enter a risk-free trade.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2.
- 50% of the position in a take profits, at least, as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 3% TP for 2,5% SL (see the chart)
- 50% of the position to a price as large as the previous pattern, which would mean a profit of 10%.
✴️ ENJOY AND FOLLOW for more 😊
FANG is offering today a 10% returns opportunity risking just 2,5% in the deal.Furthermore, FANG has multiple patterns supporting this.
As a bonus point, I will explain how to do this trade RISK-FREE.
✅ What pattern is unfolding in FANG?
FANG has broken a minor blue trendline meaning that the price should fall at least until the first serious support (the red line).
If this red line is also broken, we have a potential 10% decline.
💰 How to trade this chart pattern?
Selling when the blue line is broken is the most optimal idea. To be sure that I do not fail, I will split my position in 2 take profits, so at least I can pay my stop loss and enter a risk-free trade.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2.
- 50% of the position in a take profits, at least, as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 3% TP for 2,5% SL (see the chart)
- 50% of the position to a price as large as the previous pattern, which would mean a profit of 10%.
✴️ ENJOY AND FOLLOW for more 😊
Dagangan ditutup: sasaran tercapai
Easy trade for +10%.The price moved as predicted by the Chart Pattern.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.