$PROM STRONG SHORT
Leverage: Suggested 20x to 50x. Note: High leverage significantly increases risk. At 50x, a 2% move against your position will result in a 100% loss of your margin (liquidation).
Note: High leverage significantly increases risk. At 50x, a 2% move against your position will result in a 100% loss of your margin (liquidation).
Key Price Levels
Entry Zone: 2.155
This is the price point where you would ideally open your short position.
Take Profit (TP) Targets:
TP1: 2.100 (First goal to secure some profit).
TP2: 2.030 (Secondary goal for a larger move).
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Stop Loss (SL): 2.260
If the price rises to this level, the trade should be closed automatically to prevent further losses.
Risk/Reward Calculation
Using the provided figures, here is the technical breakdown of the trade's potential:
Risk (Distance to SL): 2.260 - 2.155 = 0.105 (Approx. 4.87% price move).
Reward (Distance to TP2): 2.155 - 2.030 = 0.125 (Approx. 5.80% price move).
Risk-to-Reward Ratio: Approximately 1:1.19.
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