We may have a false breakout and a cypher pattern formation there so we could place a buy limit order with some handsome, Remember to trail your stops once you are halfway through.
Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 5% percent of your trading capital on any one trade.
3. Always have a protective stop in the market.
Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
4. Always do your analysis prior to the market open
Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 5% percent of your trading capital on any one trade.
3. Always have a protective stop in the market.
Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
4. Always do your analysis prior to the market open
Comment:
Trade cancelled!