Trade of the Week – 02-03-2025 – SOLUSDTPERP
Weekly Highlights and Performance Overview
Welcome to our “Trade of the Week” page! Here, we spotlight the standout trading signal that delivered exceptional results for our members. This page serves as an educational resource, showcasing the performance of selected trading signals and offering deep insights into the strategies that led to their success.
Featured Trade Signal
https://signalsoracle.com/wp-content/uploads/2025/03/SOL9Mar2025.jpg
Date of issue – 02-03-2025
Pair – SOLUSDTPERP
Entry Price– 179.43
Stop Loss – 185.09
Take Profit 1 – 173.77 | Reward to Risk Ratio – 1:1
Take Profit 2 – 162.45 | Reward to Risk Ratio – 3:1
Result at a Glance
Outcome – Hit Both Targets
Note: This trade was shared with our members last week as part of our weekly signals service. For more details, view the original signal here.
Strategic Insights
- Target 1: Set a 1:1 reward-to-risk ratio to ensure a breakeven point.
- Target 2: Set at a 3:1 reward-to-risk ratio, allowing for a maximum profit before the end of the week.
Market Conditions and Analysis
Key announcements such as the US strategic reserve of cryptos only helped price to come up to the area of resistance. Our plan was to Short at 179.43, at which point we expected prices to turn downwards, thereafter hitting the initial breakeven target as well as the final target. Trade well planned and executed!
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