UPDATE - Brent Crude missed Take profit - Time to panic?Well with trading it's never time to panic.
If you're panicking it means:
1. Your ego is too high and you're predicting rather than reacting
2. Risking too much
3. Attaching emotions to machine
Even if it hits the stop, that's the name of the game - TRADING>
However, the game is still in play. The price continues to make lower highs and it looks up it's going up to test the recent downward trend line.
Break above, and it will be more likely to not play out.
But NO panic! Please we're adults and taking on this as a business venture not a lotto.
M Formation
Price<20 and 200
Target $56.13
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
