Breakout DONE.. Retest in progress.. can entry Long position..
Note
if price make new lower low.. red trendline will be invalid. we must wait green trend line to breakout, to entry buy...same procedure, entry when retest...Trade closed: stop reached
red trenline become invalid,because price made lower low. now, we wait price to make clear breakout to the green trendlineNote
as we can see, after my SL is triggered, price breakout Green trendline and go higherNote
we call it, Buyers SL hunter before go flyNote
look like price has no more power to move lower..Disclaimer
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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.