ETH Short Position Closing Notification
We opened a short position at 3330-3360, and it has reached our profit target near 3250-3220. This inverted hammer pattern, along with my analysis, did you catch it? You can set a breakeven, as it may reach our first target. Let me answer a question: some people say the risk-reward ratio for taking profit at 150 and stopping loss at 100 is incorrect. Actually, as long as the take profit and stop loss ratio is 1:1 in trading, it’s acceptable. It's not about taking profit at 50 points and stopping loss at 200 points, which seems visually incorrect. Also, some brothers ask why they don’t open trades when they make a little profit. This is actually subjective; if there's profit, why not trade? Additionally, some brothers question my authenticity. I have never altered my posts. You can follow me for real-time updates; check my previous posts before jumping to conclusions.
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Short position at 3330-3360 has been accepted
3480 stop loss not triggered
3230 take profit has been triggered