This trade setup has a potential profit of 100 units and a stop loss of 50 units.
Risk-Reward Ratio Your risk-reward ratio is 1:2, meaning that for every unit you risk, you're potentially gaining two units.
Trading Considerations - Monitor the market closely and adjust your trade setup as needed. - Consider setting a trailing stop loss to lock in profits. - Keep an eye on market news and events that could impact price movement.