You know the drill, if it breaks and does not put in a new low... drill down low TF and enter with spot. What can go wrong ?
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stop lol
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sidenote. For those who don't understand the meaning of this: Retrace on a breakout from a trendline is perfectly normal. If you can clearly see that no new low has been formed it's a great indicator that this level is strong and buyers are committed. Good luck
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if you want to be less aggressive wait and find an entry on the next confirmation. simple stop loss protects you in any case.
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it turned into a double bottom retest and failure... for the more secure traders, did you take it ?
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congrats if you already are in this trade... time to move stops... you have plenty of % gains to play around with.
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please tell me you took this one early
TB