1) Firstly pretty good channel breakout
2) And successfully Retested the trendline with low sell off candles
3) You can aim for 530 levels for the target (i.e 1:2) and keep your stop loss below the breakout candle.
4) I gave the target levels in this trade. Actually, I don't set the target, I do take exit depending on price-action (and it varies from the person to person's conviction)
5) still if you want to set a target then go with 1:2 or 1:3 risk reward
6) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE: I only use a simple Strategy that always gives superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
2) And successfully Retested the trendline with low sell off candles
3) You can aim for 530 levels for the target (i.e 1:2) and keep your stop loss below the breakout candle.
4) I gave the target levels in this trade. Actually, I don't set the target, I do take exit depending on price-action (and it varies from the person to person's conviction)
5) still if you want to set a target then go with 1:2 or 1:3 risk reward
6) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE: I only use a simple Strategy that always gives superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
交易結束：目標達成
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