Hello Traders!
Take a look at the two Price Range Formats. I've spotted a pattern in **Format 2** that closely resembles **Format 1**. Keeping it simple—no need to overcomplicate—there’s a high probability that the price will drop to the same range as Format 1.
You can set your risk-to-reward ratio between **1:3 to 1:5**, depending on your risk management strategy. I hope this clarifies what I’m highlighting here. Remember to stick to your risk management plan, and as always, happy trading!
Best of luck, and thank you!
Take a look at the two Price Range Formats. I've spotted a pattern in **Format 2** that closely resembles **Format 1**. Keeping it simple—no need to overcomplicate—there’s a high probability that the price will drop to the same range as Format 1.
You can set your risk-to-reward ratio between **1:3 to 1:5**, depending on your risk management strategy. I hope this clarifies what I’m highlighting here. Remember to stick to your risk management plan, and as always, happy trading!
Best of luck, and thank you!
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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.
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.