HOW TO READ A SHORT SETUP (ENTRY, TPS & RISK REWARD)📌
Here’s what the picture shows in simple terms;
· Entry (Short); Price around 805–806.
· Stop Loss: Above entry near ~806.
· TP1, TP2, TP3; Targets going lower. First target ~805, then deeper.
· Risk/Reward: Stop distance ≈ small (e.g., 0.9 points). Profit potential ≈ 0.9 → roughly 1:1+ risk/reward.
· Key lesson; Short means selling first, buying back lower. Each TP secures partial profits.
Keep it clean; Wait for confirmation, know your stop before you enter, and scale out at targets.