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NVIDIA BREAKOUT RETEST AND READY TO GO
Imagine a symmetrical triangle forming on a stock chart. The price breaks out above the upper trendline, indicating a bullish breakout. Instead of entering immediately, you wait for the price to pull back and retest the broken trendline. Once the price holds above this level, you enter a long position, setting your stop-loss just below the retest level and your take-profit based on the triangle’s height.
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