6 touches of the level, good accumulation near it. A good pattern for a breakout and upward movement. The breakout is done, the movement is not. That's why we need to put stop losses in the right place. When you do all your actions near a key level - the risk of loss decreases. Hope u do it. Now we are waiting for new patterns. Don't hurry up to do something.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
why should you use stoplosses in such a market condition? Its only working contraproductive and catalize a chainreaction. Its exactly what the marketmakers make use of. keep it stupid and simple. Buy the dips and sell whenever you feel its good for you.
The_Royal_Dutchman
⋅
@Franklie, this may seem true in a bull market, but no one can know for sure when every dip comes. It's the trade of of being stuck in a position or taking losses if it goes down I think. With stop loss, you keep your options open. Now no stop loss but whit leverage, that's a quick ticket to 0