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Chathura Priyadharshana
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Bearish
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$BMT
#BMTUSDT
Target hit 🤍 Congratulations everyone 🔴💲
Chathura Priyadharshana
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#BMTUSDT
sell short trade setup:
Entry: 0.199
Stop-Loss (SL): 0.225 - 0.23
Take-Profit (TP): 0.183
Risk-Reward Ratio (RRR):
Let's calculate the Risk and Reward:
Risk: (SL 0.203 - Entry 0.199) = 0.004
Reward: (Entry 0.199 - TP 0.183) = 0.016
RRR = Reward / Risk = 0.016 / 0.004 = 4:1
This is a good risk-reward ratio (4:1), meaning for every 1 unit risked, you stand to gain 4 units.
Final Suggestion:
Keep SL around 0.203 - 0.205 (above resistance).
TP at 0.183 is reasonable as it aligns with previous support.
If price moves in your favor, consider trailing your SL to secure profits.
Good luck with your trade!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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