1. Entry Point: 111,516.84
2. Stop Loss: 112,858.08
3. EA Target Point (Take Profit): 106,068.04
4. Resistance Point: ~110,563 (currently being tested)
Trade Setup Summary:
Type: Short position
Risk (Stop LOss - Entry): 112,858.08 - 111,516.84 = 1,341.24
Reward (Entry - Target): 111,516.84 - 106,068.04 = 5,448.80
Risk/Reward Ratio: Roughly 1:4, which is favorable.
Technical Indicators:
The chart shows:
Moving Averages: A red (shorter) and blue (longer) MA, suggesting recent bullish momentum.
Price Action: Consolidation near the resistance after an uptrend; current candle appears bearish and breaking the support.
Interpretation:
This is a bearish reversal setup.
If the price breaks the support around 110,563 convincingly, it may confirm a move downward.
The stop loss is placed safely above recent highs to avoid getting caught in short-term volatility.
The target is significantly lower, around previous support levels, implying a strong move down is anticipated.
Risk:
This strategy banks on a clear breakdown. If the support holds, price may reverse upward, hitting the stop loss.
2. Stop Loss: 112,858.08
3. EA Target Point (Take Profit): 106,068.04
4. Resistance Point: ~110,563 (currently being tested)
Trade Setup Summary:
Type: Short position
Risk (Stop LOss - Entry): 112,858.08 - 111,516.84 = 1,341.24
Reward (Entry - Target): 111,516.84 - 106,068.04 = 5,448.80
Risk/Reward Ratio: Roughly 1:4, which is favorable.
Technical Indicators:
The chart shows:
Moving Averages: A red (shorter) and blue (longer) MA, suggesting recent bullish momentum.
Price Action: Consolidation near the resistance after an uptrend; current candle appears bearish and breaking the support.
Interpretation:
This is a bearish reversal setup.
If the price breaks the support around 110,563 convincingly, it may confirm a move downward.
The stop loss is placed safely above recent highs to avoid getting caught in short-term volatility.
The target is significantly lower, around previous support levels, implying a strong move down is anticipated.
Risk:
This strategy banks on a clear breakdown. If the support holds, price may reverse upward, hitting the stop loss.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.
Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.