This trade setup has a potential profit of 100 units and a stop loss of 50 units.
Risk-Reward Ratio Your risk-reward ratio is 1:2, meaning that for every unit you risk, you're potentially gaining two units.
Trading Considerations - Monitor the market closely and adjust your trade setup as needed. - Consider setting a trailing stop loss to lock in profits. - Keep an eye on market news and events that could impact price movement.
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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.