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hassanshahi
Jul 30, 2023 9:26 AM

32) AUDCAD Weekly Long Long

Australian Dollar/Canadian DollarFXCM

Description

Triangle Pattern

try to lose less, Profits will arrive on time
Comments
JoeChampion
I love the RR there!
TheFxAce
This long position is clearly well-thought-out. How do you typically set your stop-loss levels?
hassanshahi
@TheFxAce, Thank you for your attention.
Of course, this stop loss level should be a little more and it cannot be edited due to the limitation after publication.
My criterion for choosing the limit of loss is the ratio of one to three at the beginning, then I look for valid support and resistance lines, but I consider that profits are always available, losses should be avoided.
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