Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good here
2. globally downtrend
3. no report in the following 2 weeks
4. approached with a big bar
5. way down with rollbacks
6. level of a rollback
7. enough room for a move 1 to 5.1 risk/reward
8. yesterday good news "3M guides for 1%-4% sales growth in 2022, in line with estimates"
9. the price came from above
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
1. Price levels are working good here
2. globally downtrend
3. no report in the following 2 weeks
4. approached with a big bar
5. way down with rollbacks
6. level of a rollback
7. enough room for a move 1 to 5.1 risk/reward
8. yesterday good news "3M guides for 1%-4% sales growth in 2022, in line with estimates"
9. the price came from above
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
| disciplined | patient | humble | consistently profitable |
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
| disciplined | patient | humble | consistently profitable |
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.