Price Reactions to Drawn Zones by Big Fake Candle Strategy

6 Feb

As observed in the image, a zone labeled BFC has been drawn. My analysis suggests that the price is likely to decline within this zone. Therefore, in line with capital management principles, we can execute the trade in two stages: taking short positions in two steps and exiting the trade with profits in two stages—70% in the first stage and 30% in the second stage. Additionally, a stop-loss level for the entire trade has been proposed at the specified point. Please note that this is solely an analysis and not a financial or trading recommendation. The responsibility for any risks taken lies with the readers. Wishing you success.

11 Feb

Trade aktif

Hello, the stop-loss has been changed to 0.57472 and take-profit has been changed to 0.55871.