Likely diagnosis
The analyst believes that the price of 'XAUUSD' will be ' Bearish' from Aug 07 to AUg 09, 2023, with a stop loss of $1975
What is the take profit target for this analysis?
The profit limit is time-based, so we will have to wait until Aug 09, 2023 to see what it is
Stop loss ?
The Descending analysis will become invalid if the price reaches $1975 between Aug 07 and Aug 09, 2023
Risk and trading advice
The risk amount is 3.62%, assuming the following conditions are met :
Capital multiplied by 1.
The answer to step 1, divided by 100,000, is equal to the amount of the lot volume.
Example: $10,000 * 1 = 10,000 / 100,000 = 0.1 lot.
The analyst believes that the price of 'XAUUSD' will be ' Bearish' from Aug 07 to AUg 09, 2023, with a stop loss of $1975
What is the take profit target for this analysis?
The profit limit is time-based, so we will have to wait until Aug 09, 2023 to see what it is
Stop loss ?
The Descending analysis will become invalid if the price reaches $1975 between Aug 07 and Aug 09, 2023
Risk and trading advice
The risk amount is 3.62%, assuming the following conditions are met :
Capital multiplied by 1.
The answer to step 1, divided by 100,000, is equal to the amount of the lot volume.
Example: $10,000 * 1 = 10,000 / 100,000 = 0.1 lot.
Trade closed manually:
The analysis is no longer valid because the time range has expired
