Risk taking decisions
Trade setup
1) Price reach supply zone
2) Price stay under uptrend line
3) Risk/Reward ratio more than 3
Trigger
1) Short if price break down from the wedge.
2) Short if price break up and fall right back below wedge
The Stop Loss
Close short if price goes above previous high
The Price Target
Target 1 : 980
Target 2 : 970
The lower targets are long shot
The Reward-to-Risk.
4.39 (Target 2)
Trade setup
1) Price reach supply zone
2) Price stay under uptrend line
3) Risk/Reward ratio more than 3
Trigger
1) Short if price break down from the wedge.
2) Short if price break up and fall right back below wedge
The Stop Loss
Close short if price goes above previous high
The Price Target
Target 1 : 980
Target 2 : 970
The lower targets are long shot
The Reward-to-Risk.
4.39 (Target 2)