looking at a BTC/USD long trade setup:
Entry: 92,550
Stop Loss (SL): 92,000
Take Profit (TP): 93,000
Here's a quick breakdown:
Risk: 550 points
Reward: 450 points
Risk-Reward Ratio (RRR): ~0.82
This is a bit below the ideal 1:1 RRR. You might want to:
Tighten your SL slightly (if structure allows), or
Aim for a higher TP to improve the RRR
Entry: 92,550
Stop Loss (SL): 92,000
Take Profit (TP): 93,000
Here's a quick breakdown:
Risk: 550 points
Reward: 450 points
Risk-Reward Ratio (RRR): ~0.82
This is a bit below the ideal 1:1 RRR. You might want to:
Tighten your SL slightly (if structure allows), or
Aim for a higher TP to improve the RRR
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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.
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.