$EWY Chart Analysis (EWYUSDT - 15m)
Trend (Supertrend): The Supert Entry Point: 133.68 (Current Price)
Stop-Loss (Risk): If you placed a stop-loss just above the current Supertrend resistance at 136.00, your risk is 2.32 points (136.00 - 133.68).
Take-Profit (Reward): To achieve a 1:2 ratio, your target must be double your risk (2.32 * 2 = 4.64 points). You would subtract 4.64 from your entry price, making your target 129.04.
#SECClarifiesCryptoClassification #USFebruaryPPISurgedSurprisingly #ewy
Trend (Supertrend): The Supert Entry Point: 133.68 (Current Price)
Stop-Loss (Risk): If you placed a stop-loss just above the current Supertrend resistance at 136.00, your risk is 2.32 points (136.00 - 133.68).
Take-Profit (Reward): To achieve a 1:2 ratio, your target must be double your risk (2.32 * 2 = 4.64 points). You would subtract 4.64 from your entry price, making your target 129.04.
#SECClarifiesCryptoClassification #USFebruaryPPISurgedSurprisingly #ewy