5.3 Risk to Reward
Swing trade idea.
You may want to find some structural breaks on the lower time frame to get more refined entries and get a better risk to reward ratio.
This trade is probably a 2/5 probability idea, so still a positive expectancy. Just expect this to fail 60% of the time though.
Swing trade idea.
You may want to find some structural breaks on the lower time frame to get more refined entries and get a better risk to reward ratio.
This trade is probably a 2/5 probability idea, so still a positive expectancy. Just expect this to fail 60% of the time though.
Note
I think Copper has a good chance of going to 3.8 first.Therefore you could get an even better RR trade if that happens - instead of 5RR you could get 11RR but of course there is the risk of Copper not reaching 3.8.
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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.