Taking into account the current bearish nature of the market, we have a very nice opportunity risk reward ratio for a head and shoulder pattern.
I believe this asset is a strong candidate for this type of trading.
Key points:
Type of Trade : Short
Stop loss - 3 - 11% movement
Take profit - 2.4 - 11% movement
Take profit 2 - 2 - 25% Movement
Capital used - 1% of the account for stop loss making a 1-2,5 profit factor trade in case of winning
I believe this asset is a strong candidate for this type of trading.
Key points:
Type of Trade : Short
Stop loss - 3 - 11% movement
Take profit - 2.4 - 11% movement
Take profit 2 - 2 - 25% Movement
Capital used - 1% of the account for stop loss making a 1-2,5 profit factor trade in case of winning
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
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.
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
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.