Analysis
- Price Action getting away from Recent Surplus Zone (downtrend)
- Recent Surplus Zone indicated by (x) supported by Historical Market Sentiment (many hits on these areas)
- Recent Shortage Zone established
Conclusion
- High probability of profiting by placing Short Order.
Strategy:
- Take Profit @ 105.239 once Price Action touch Recent Shortage Zone
Reason: Take Profit as quickly as possible
- Stop Loss @ 118.462
Reason: Place on the most recent tip that touches the downtrend line.
Risk Management:
Reward Risk Ratio ( 4.13:1 )
Position Size: 0.01
Risk: 34 USD
Capital >= 3400 USD
Reason: Good trading practice is to only risk 1% of Capital per trade to stay in the game & to maintain a good psychology.
- Price Action getting away from Recent Surplus Zone (downtrend)
- Recent Surplus Zone indicated by (x) supported by Historical Market Sentiment (many hits on these areas)
- Recent Shortage Zone established
Conclusion
- High probability of profiting by placing Short Order.
Strategy:
- Take Profit @ 105.239 once Price Action touch Recent Shortage Zone
Reason: Take Profit as quickly as possible
- Stop Loss @ 118.462
Reason: Place on the most recent tip that touches the downtrend line.
Risk Management:
Reward Risk Ratio ( 4.13:1 )
Position Size: 0.01
Risk: 34 USD
Capital >= 3400 USD
Reason: Good trading practice is to only risk 1% of Capital per trade to stay in the game & to maintain a good psychology.
Nota
Waiting to reach target profit.
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.