Panjang

Low-Risk Swing Trade Setup

207
For Monday, target entry between 2.28-2.34. I got in on Friday at 2.32 and use that number for return% below. Green trend line has held up multiple times with strong support, so you can set a tight stop-loss as high as 2.20. Conservative exit around 2.60 = ~12% return; high-score exit around 2.92 = ~26% return. Risk 5.17% @ 2.20 S/L. Reward:risk = 2.33 (conservative), 5:1 (high score).

I've been using Jurik indicators, and JMA-DWMA crossover has recently provided excellent signals for entry. I know a lot of folks don't use JMA, but I recommend you confirm entry point using your preferred crossover indicators.

Penafian

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