Let's break it down:
- Entry Point: 105,900 or 105,500 (two different numbers)
- Target: 106,900
- Stop Loss: 105,100
Assuming the correct entry point is 105,500:
- Potential gain: 1,400 points (106,900 - 105,500)
- Potential risk: 400 points (105,500 - 105,100)
Risk-reward ratio looks decent! If the entry point is 105,900, the numbers would be slightly different. What's your trading strategy behind this setup?
- Entry Point: 105,900 or 105,500 (two different numbers)
- Target: 106,900
- Stop Loss: 105,100
Assuming the correct entry point is 105,500:
- Potential gain: 1,400 points (106,900 - 105,500)
- Potential risk: 400 points (105,500 - 105,100)
Risk-reward ratio looks decent! If the entry point is 105,900, the numbers would be slightly different. What's your trading strategy behind this setup?
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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.