The health and momentum of the trend are healthy and show signs of accumulation in the past few hours while maintaining a downtrend for a medium and short term.
50% of the trade position would be close at the range of 50.27 which is the first target and the stop loss of rest of the position will be switch to the selling price I open it, which will be a zero risk trade. Expecting the price to go below the first target to the second target next.
SL: 55.29 -4.10%
TP1: 50.27 +5.50%
TP2: 45.95 +13.60%
Reward ratio: 1.34
50% of the trade position would be close at the range of 50.27 which is the first target and the stop loss of rest of the position will be switch to the selling price I open it, which will be a zero risk trade. Expecting the price to go below the first target to the second target next.
SL: 55.29 -4.10%
TP1: 50.27 +5.50%
TP2: 45.95 +13.60%
Reward ratio: 1.34