Uptrend is still on track
The price is waving between 50MA and 100MA, while 25MA crossed down the 50MA. The crossing 25MA down 50MA could give us a sign that the price moving down. However, we will not ignore the uptrend in 4h and D timeframe.
There is another sign, showing us the sideways. Looking for the previous 3 highs and 2 lows before the last price drop (in 4H timeframe), it is not obvious whether the price drawing a clear higher high or lower low.
Overall, considering the good Risk/Reward ratio = 2, and not putting at risk more than 2 % of an account, we can enter the trade.
There is another sign, showing us the sideways. Looking for the previous 3 highs and 2 lows before the last price drop (in 4H timeframe), it is not obvious whether the price drawing a clear higher high or lower low.
Overall, considering the good Risk/Reward ratio = 2, and not putting at risk more than 2 % of an account, we can enter the trade.
Trade fermée: cible de profit atteinte
Good trade, the amazing risk-reward ratio
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.