Reason to BUY using a STOP-LIMIT order on a confirmed breakout of consolidation zone:
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
- Valid break-out pattern with a clear consolidation zone
- Consolidation occurring at the upper trend line of the larger break out pattern
- Smaller time frame break outs have reached target = trend continuation
- High return on investment (60%) with 9:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
評論:
Trade active , place stops below consolidation zone
評論:
The more conservative traders could move stops to break even for a risk free trade
評論:
Trade setup failed. Good trade just didnt work out. Look for next 1
