A price action below 7300 supports a bearish trend direction.
Further bearish confirmation for a break below 7200.
The target price is set at 7100.
The stop-loss price is set at 7500.
When the profit target percentage is smaller than the stop-loss in a trade, it indicates a risk management approach where the priority is to limit potential losses and protect capital. By setting a smaller profit target and a wider stop-loss, traders are acknowledging the potential for a larger loss compared to the potential gain.
Further bearish confirmation for a break below 7200.
The target price is set at 7100.
The stop-loss price is set at 7500.
When the profit target percentage is smaller than the stop-loss in a trade, it indicates a risk management approach where the priority is to limit potential losses and protect capital. By setting a smaller profit target and a wider stop-loss, traders are acknowledging the potential for a larger loss compared to the potential gain.