The Breakdown Pattern + 3 Step Trading System
Am feeling so lazy and sad as I think
about the amount of
time it took me to master trading.
Am thinking about how all
my friends have moved on with their lives.
While I remember struggling to learn about
capitalism in order to raise money for
my dreams.
As these thoughts run through my mind
I took a walk to help myself and it helped me
and calmed my heart down.
i had to be very bold to
post this trade
EURGBP
because I have made mistakes in my last
forex trades but this did not discourage me at all
Am from reading a powerful email newsletter
that talks about the
power of the breakout market cycle
in this case, we are looking at the breakdown
This is when resistance becomes support
this breakout happened a day ago
but I think there is still a chance to trade.
This chart pattern follows the rocket
booster strategy.
It has the following 3 steps:
This last step is very important because this
is the market cycle of a breakdown.
Rocket boost this content to learn more.
Disclaimer: Trading is risky please learn risk management
and profit-taking strategies.Also, feel free to use a
simulation trading account
before you trade with real money.
about the amount of
time it took me to master trading.
Am thinking about how all
my friends have moved on with their lives.
While I remember struggling to learn about
capitalism in order to raise money for
my dreams.
As these thoughts run through my mind
I took a walk to help myself and it helped me
and calmed my heart down.
i had to be very bold to
post this trade
EURGBP because I have made mistakes in my last
forex trades but this did not discourage me at all
Am from reading a powerful email newsletter
that talks about the
power of the breakout market cycle
in this case, we are looking at the breakdown
This is when resistance becomes support
this breakout happened a day ago
but I think there is still a chance to trade.
This chart pattern follows the rocket
booster strategy.
It has the following 3 steps:
- 1-The price has to be below the 50 Day Moving Average
- 2-The price has to be below the 200 Day Moving Average
- 3-The price has to gap down on a new 52-week low
This last step is very important because this
is the market cycle of a breakdown.
Rocket boost this content to learn more.
Disclaimer: Trading is risky please learn risk management
and profit-taking strategies.Also, feel free to use a
simulation trading account
before you trade with real money.
Related publications
Disclaimer
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.
Related publications
Disclaimer
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.