Position : Long
Pattern : Inverse Head and Shoulder
Buy In: $8800 to $9000
Target 1 : $9800 to $10,400
Target 2: S11,400 to $12,000
Stop Lost : $7800 to $7500
Possible Gain : $3000
Possible Lost $1500
Let me know what you guys think.......
I scale in my buys at lows of waves, and put more in as it drops lower to reduce my average.
Instead, you buy at the top as it breaks out to a new way and lose out on 20% gains right off the bat.