Target the next major structural zone. Aim for a minimum reward-to-risk ratio of 2:1. Risk Management and Psychology
, including principles for identifying support and resistance levels and understanding the relationship between different timeframes — a critical component of the YTC approach that typically requires multiple pages of detailed explanation.
Draw your support and resistance zones based on recent swing highs and lows where the market reversed sharply in the past. Step 3: Wait for a Trigger Signal
Better identify stop-loss placement based on price structure.