Cup and handle in Intel Long

Intel CorporationNASDAQ

Description

⋅ Mar 1, 2021 1:13 PM

Potential gain:10%
Reward/Risk:2.9
Timeframe: 1-2 wks

I always try to present the charts in a simple comprehensive format to prevent any confusion.

This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!

Please review my track record and calculate the odds for yourself..!

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Trade closed manually

⋅ Mar 3, 2021 2:06 AM

Trade closed manually

⋅ Mar 23, 2021 5:31 PM

Comments

fasgf95d9j

⋅ Mar 1, 2021 10:47 PM

What does the risk/reward number mean? What is 2.9? Is that like the risk is 2.9 on a scale from 1-10? Or is “2” the risk and “9” the reward?

stupidGuy

⋅ Mar 12, 2021 9:59 AM

@fasgf95d9j, it is a ratio, there is no upper or lower bound. 2.9 reward/risk says you are expecting a gain of almost 3 times more than you're risking on the trade. investopedia.com/articles/stocks/11/calculating-risk-reward.asp

Moshkelgosha

⋅ Mar 12, 2021 10:02 AM

@stupidGuy, keep in mind I use inverted ratio, it is Reward to Risk..!

stupidGuy

⋅ Mar 12, 2021 10:04 AM

@Moshkelgosha, thank you for pointing that out. I noticed that later lol

TRADiNG_hub

⋅ Mar 2, 2021 1:15 AM

Agree with You Man 🥂

Verum0

⋅ Mar 1, 2021 11:06 PM

Great chart

Yuriy_Bishko

⋅ Mar 1, 2021 5:34 PM

great pattern