Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good here
2. Globally and locally downtrend
3. Closed below the level
4. Understandable stoploss
5. enough room for 1 to 5.1 r/r
6. The price came from above
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
1. Price levels are working good here
2. Globally and locally downtrend
3. Closed below the level
4. Understandable stoploss
5. enough room for 1 to 5.1 r/r
6. The price came from above
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
