IDEAL ON TON/USDT 
2024-12-12
Category: None



Trade Summary
 • Direction: Long
 • Entry (Limit Price): 6.3788 USDT
 • Take Profit (TP): 6.5713 USDT
 • Stop Loss (SL): 6.3590 USDT

Key Metrics
 1. Risk per Trade:
 • Entry: 6.3788
 • SL: 6.3590
 • Risk:  (19.8 pips)
 2. Reward per Trade:
 • Entry: 6.3788
 • TP: 6.5713
 • Reward:  (192.5 pips)
 3. Risk-to-Reward Ratio (RRR):

This is an excellent RRR, indicating a favorable setup.

Considerations
 1. Market Conditions:
 • Is the trend aligned with your long position?
 • Any strong resistance near the TP level?
 2. Position Sizing:
Ensure that your position size aligns with your overall risk management strategy (e.g., risking 1-2% of account capital).
 3. Execution:
 • Confirm low slippage and liquidity for TON/USDT around your limit price.
 • Watch for unexpected volatility.
 4. Technical Analysis:
 • Are there bullish indicators (e.g., moving averages, RSI, MACD) supporting this setup?
 • If your TP is near a significant resistance level, monitor price action carefully as it approaches.