Why? Most fails so never buy the first pullback into a major trend or after a breakout, what’s a breakout when there are a series of trending candles without many opposing candle.
How to trade
Catch the retest off the channel after the breakout.
Markets moves in phase,
1. A range
2. A breakout
3. A channel
4. A range
5.correction
6. Continuation or reversal
How to trade
Catch the retest off the channel after the breakout.
Markets moves in phase,
1. A range
2. A breakout
3. A channel
4. A range
5.correction
6. Continuation or reversal
