You're outlining a long position on BTC/USD with the following trade setup:
Entry: 108,300
Target: 190,300
Stop Loss: 107,500
Here’s a quick analysis of the risk-reward ratio:
Risk: 108,300 - 107,500 = 800
Reward: 190,300 - 108,300 = 82,000
Risk-Reward Ratio: 82,000 / 800 = 102.5:1
That’s a very high risk-reward ratio, which is excellent if the setup is based on strong technical or fundamental analysis.
Things to Consider:
Entry and SL Proximity: The stop loss is only 800 points below the entry, so even small volatility could trigger it unless you're trading with tight control or expecting a sharp upward move.
Check Support at 108,300: Ensure this is a strong technical support level.
Market Sentiment & News: Stay updated with macroeconomic news and Bitcoin-related events that could influence such a sharp move.
Would you like a technical chart analysis or opinion on whether this trade setup is realistic based on current price levels?
Entry: 108,300
Target: 190,300
Stop Loss: 107,500
Here’s a quick analysis of the risk-reward ratio:
Risk: 108,300 - 107,500 = 800
Reward: 190,300 - 108,300 = 82,000
Risk-Reward Ratio: 82,000 / 800 = 102.5:1
That’s a very high risk-reward ratio, which is excellent if the setup is based on strong technical or fundamental analysis.
Things to Consider:
Entry and SL Proximity: The stop loss is only 800 points below the entry, so even small volatility could trigger it unless you're trading with tight control or expecting a sharp upward move.
Check Support at 108,300: Ensure this is a strong technical support level.
Market Sentiment & News: Stay updated with macroeconomic news and Bitcoin-related events that could influence such a sharp move.
Would you like a technical chart analysis or opinion on whether this trade setup is realistic based on current price levels?
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t.me/Gold_blue_pipshunter
t.me/Gold_blue_pipshunter
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 for free signals
t.me/Gold_blue_pipshunter
t.me/Gold_blue_pipshunter
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.