Buy opportunity
Signal: Long (Buy)
Entry Point: Around $2,640
Take-Profit (TP): $2,721
This aligns with the resistance zone marked on the chart.
Stop-Loss (SL): $2,611
This is below the support zone to minimize risk.
Risk-to-Reward Analysis:
Risk: Entry ($2,640) - Stop-Loss ($2,611) = $29
Reward: Take-Profit ($2,721) - Entry ($2,640) = $81
Risk-to-Reward Ratio: 1:2.79 (favorable).
This setup assumes price action continues to respect the marked levels. Always confirm with indicators and adjust based on updated market behavior. Let me know if you need further customization!
Entry Point: Around $2,640
Take-Profit (TP): $2,721
This aligns with the resistance zone marked on the chart.
Stop-Loss (SL): $2,611
This is below the support zone to minimize risk.
Risk-to-Reward Analysis:
Risk: Entry ($2,640) - Stop-Loss ($2,611) = $29
Reward: Take-Profit ($2,721) - Entry ($2,640) = $81
Risk-to-Reward Ratio: 1:2.79 (favorable).
This setup assumes price action continues to respect the marked levels. Always confirm with indicators and adjust based on updated market behavior. Let me know if you need further customization!
GODO Capital Markets
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