A trade plan for $ACH
Here's a breakdown of the plan:
_Entry:_
Buy $ACH within the range of $0.028-$0.029 for a low-risk setup.
_Stop Loss:_
Set the stop loss at $0.026 to limit potential losses.
_Profit Targets:_
Sell $ACH progressively at the following targets:
1. $0.030 (first target)
2. $0.036 (second target)
3. $0.040 (third target)
_Risk/Reward Ratio:_
Aim for a 3:1 risk/reward ratio, which means the potential profit should be three times the potential loss.
_Trade Management:_
After hitting the first target, move the stop loss to breakeven to lock in profits and minimize losses.
This trade plan seems to be a conservative approach, aiming to capitalize on a potential price increase while managing risk.
