My describing a BTC/USD (Bitcoin to US Dollar) *long trade setup* with the following parameters:
* *Entry (Buy):* 9584
* *1st Target (TP1):* 9600
* *2nd Target (TP2):* 9755
* *Stop Loss (SL):* 9500
### Trade Summary:
* *Risk:* 84 points (9584 - 9500)
* *Reward (TP1):* 16 points
* *Reward (TP2):* 171 points
* *Risk/Reward Ratio:*
* TP1: \~0.19 (not favorable)
* TP2: \~2.04 (good)
### Key Considerations:
* TP1 is very close to the entry price — possibly useful for a quick scalp or partial exit.
* The overall trade becomes favorable if you're targeting TP2 and using proper position sizing.
* Ensure this aligns with your trading strategy and current market conditions (momentum, support/resistance, volume).
* *Entry (Buy):* 9584
* *1st Target (TP1):* 9600
* *2nd Target (TP2):* 9755
* *Stop Loss (SL):* 9500
### Trade Summary:
* *Risk:* 84 points (9584 - 9500)
* *Reward (TP1):* 16 points
* *Reward (TP2):* 171 points
* *Risk/Reward Ratio:*
* TP1: \~0.19 (not favorable)
* TP2: \~2.04 (good)
### Key Considerations:
* TP1 is very close to the entry price — possibly useful for a quick scalp or partial exit.
* The overall trade becomes favorable if you're targeting TP2 and using proper position sizing.
* Ensure this aligns with your trading strategy and current market conditions (momentum, support/resistance, volume).
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Gold Signal's with proper TP & SL for high profit ..
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📲 Join telegram channel free ..
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Forex_golg_free_signals
t.me/EU_USA_AND_CHAINA_TRADER
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
Gold Signal's with proper TP & SL for high profit ..
t.me/Forex_golg_free_signals
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.