So as you can see we have a double bottom forming on the 1H time frame and this is why I immediately advised to close most or all of the short trade when the position was +25pips. There are some important reversal signs to look out for.
It can be frustrating to be stopped out at break even after being in profit and this is why I look out for reversal signs and also always move my stop loss to break even once the position goes into profit.
I hope you guys are enjoying and good luck traders!
It can be frustrating to be stopped out at break even after being in profit and this is why I look out for reversal signs and also always move my stop loss to break even once the position goes into profit.
I hope you guys are enjoying and good luck traders!