Ger 30 break out squeeze 1 hour chart

Ger 30 break out squeeze 1 hour chart

4.5/5 Great squeeze breakout

first target 50

stop loss 10

Trade closed: stop reached:

stoploss hit
lesson in hindsight: it would be preferable to wait for an hourly close above resistance

Comment:

I still may re-enter if we get a close above that resistance line. this still looks like a strong technical chart

Comment:

I based my stop loss based on a candle that wasn't complete so it seems a lot of the error here was that I came late to the charts

Comment:

the impatience of not waiting for the hourly close hurt me on this trade