I entered this short trade yesterday after price rejected the strong resistance level at 161.927. Price has moved as expected, and today I’ve secured profits by moving my stop loss to breakeven, making this trade risk-free at a 1:2 risk-to-reward ratio.
Key Notes:
Entry: Resistance rejection at 161.927
Stop Loss: Adjusted to breakeven (Risk-free trade)
Target: Open for further downside potential.
Key Notes:
Entry: Resistance rejection at 161.927
Stop Loss: Adjusted to breakeven (Risk-free trade)
Target: Open for further downside potential.
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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.