Recommendations
Entry Point Analysis: The planned entry point at 970.90 USD is below the current price, which could be a good entry opportunity if the price continues to decline. Check the charts and confirmations to see if the trend continues.
Set stop loss: The stop loss at 990.20 USD is reasonable and allows you to limit your losses if the price goes against your position.
Take profit target: The take profit at 950.70 USD shows a good risk/reward ratio. If the trend continues, reaching this target is possible.
Entry Point Analysis: The planned entry point at 970.90 USD is below the current price, which could be a good entry opportunity if the price continues to decline. Check the charts and confirmations to see if the trend continues.
Set stop loss: The stop loss at 990.20 USD is reasonable and allows you to limit your losses if the price goes against your position.
Take profit target: The take profit at 950.70 USD shows a good risk/reward ratio. If the trend continues, reaching this target is possible.
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.
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.