$MAGIC :
Long buy opportunity with a risk-to-reward ratio of 22:1
Entry 0.051$
Stop loss 0.05
Take profits:
First target 0.056 (close 40%) and move the stop to the entry point.
Second target 0.058 (close 40%) and move the stop to the first target.
Leave the remaining 20% to chase the final target 0.07.
Important warning ⚠️✋ :
This is a technical analysis view and not a call to buy or sell. Do your own research.
Don’t forget risk management and don’t risk more than 1% of your capital.
If, while preparing the trade, you find that you will lose more than 1% of your capital if the stop loss is hit, immediately reduce the contract size.
To continue trading, make sure that if the stop is hit, your loss is not more than 1% of your capital.
Avoid high leverage and avoid greed.
Long buy opportunity with a risk-to-reward ratio of 22:1
Entry 0.051$
Stop loss 0.05
Take profits:
First target 0.056 (close 40%) and move the stop to the entry point.
Second target 0.058 (close 40%) and move the stop to the first target.
Leave the remaining 20% to chase the final target 0.07.
Important warning ⚠️✋ :
This is a technical analysis view and not a call to buy or sell. Do your own research.
Don’t forget risk management and don’t risk more than 1% of your capital.
If, while preparing the trade, you find that you will lose more than 1% of your capital if the stop loss is hit, immediately reduce the contract size.
To continue trading, make sure that if the stop is hit, your loss is not more than 1% of your capital.
Avoid high leverage and avoid greed.
