"Short Entry Opportunity with Quadratic Kernel Divergence"
Suggested Short Entry Point:
The chart indicates a recommended short entry point around 1.28671.
The risk/reward ratio is favorable at 3.65, suggesting that for each unit of risk, a gain of 3.65 units is expected.
Minor Pullbacks:
It is advised to consider entries on minor pullbacks. This means waiting for a small upward price movement before continuing the bearish trend, which provides a better entry point for short positions.
Stop Loss:
The stop loss is set just above 1.28865, strategically placed above a key resistance area to limit risk in case the price moves against the position.
The chart indicates a recommended short entry point around 1.28671.
The risk/reward ratio is favorable at 3.65, suggesting that for each unit of risk, a gain of 3.65 units is expected.
Minor Pullbacks:
It is advised to consider entries on minor pullbacks. This means waiting for a small upward price movement before continuing the bearish trend, which provides a better entry point for short positions.
Stop Loss:
The stop loss is set just above 1.28865, strategically placed above a key resistance area to limit risk in case the price moves against the position.
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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.
"Access our premium algorithms 🍻! Invite us for a beer at buymeacoffee.com/pinescriptlabs, then add your TradingView username in the 'Say something nice' section and send us a private message."
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.