Yesterday, on my YouTube channel, we analyzed a possible breakout of the support. The price broke the support at the end, giving some profits to traders who followed the idea. Today, I propose another trade following the downtrend. The idea is to trade the breakout of this short-term up-channel, with a very standard entry that we have seen many times in the Swing Trading course.
Risk to reward ratio of 1:2, let's see how it goes.
Risk to reward ratio of 1:2, let's see how it goes.
Trade closed: stop reached:
Stop loss reached.
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