Support &false breakout 5 minutes candle Bar & How CPR can lead us in trading safely
Every Retail traders look out candle is fro support & Breakout happened will enter buy keeping Stop loss below the candle.
What happens then is this video.
Every Retail traders look out candle is fro support & Breakout happened will enter buy keeping Stop loss below the candle.
What happens then is this video.
Trade closed: target reached:
The Previous day Closing and day open gives gap down. Gap down happens for bargain buyers who are intended at low, even below S1 Support 1 chart will never hide and narrates reality. Whoever had taken long because it from S1 and breakout keep Sl 20 pps below 1st candle and if they not prepared for booking profit would have lost the trade SL hits now. The real buy & Sell starts now. IT now bears are buying they are one who booing profits and Bulls are watching.