take profit target


measured move (MM)
1. leg1=leg2, that is, ab equals cd
2. The height of the oscillation range, the target level after breaking through the range, doubles the height of the range.
3. The height of the breakout. The strong breakout of several consecutive large candlesticks doubles their real body, and there is a 60% probability it will reach MM; if the entity height of the surprise candlestick doubles, there is a 60% probability it will reach MM.

Narrow channel (when placed on a larger chart, it is a continuous series of large bearish or bullish candles, and there is a high probability of a second segment continuing the trend)

Extension of target position
Embrace uncertainty
actual risk: Use 1x or 2x of actual risk as the take profit target.
Situations that may be encountered in actual operation:
1. Directly hit the take profit.
2. Direct rise, with no actual risk, or actual risk is very small (no need for actual risk)
3. First a small drop followed by a rise, the actual risk is not large, using twice the actual risk.
4. The drop is relatively deep, but has not hit the stop loss, the actual risk is quite large, choose one times the actual risk.
MOVE-0.23%
AB-0.84%
View Original
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