I misjudged this bullish flag breakout on SOLUSD and took a big hit.. Made quite a few errors on this trade, so wanted to ask when is a good time to enter and exit a bullish flag formation as part of cup & handle?
There was a fake-out within the bullish flag so I thought it likely to break out. However as you can you see we dipped past my stop loss.
Appreciate...
My first publication, 1.5 year exp. (7000+ hours of staring at charts) trading, interested in your thoughts.... =)
- Broke Neck line of head and shoulders
- Back test of Phase C complete
- Broke the 200 EMA to the upside
- MACD cross to the upside
- RSI above the 50
- Market Cipher says Go Long!
To The Moon? :D
