If the range is valid then the price is due for a retracement at least to somewhere near the midpoint. If not then we get stopped out above the top in which case a breakout is likely.
Put on a trail halfway towards price target to keep the gains and to position ourselves for a re-entry at another test of the highs.
Put on a trail halfway towards price target to keep the gains and to position ourselves for a re-entry at another test of the highs.
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