1. Spot the breakout
2. wait for the retest
3. find an indication (read: divergence) that suggests prices to fall (in this case)
4. enter a trade with proper risk managment
Stay safe, learn before you can take positions! Do not just blindly follow anyone.
"Be a student & not a follower!"
2. wait for the retest
3. find an indication (read: divergence) that suggests prices to fall (in this case)
4. enter a trade with proper risk managment
Stay safe, learn before you can take positions! Do not just blindly follow anyone.
"Be a student & not a follower!"
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.