CnH BO with Retest
Updated
Clear BO of CnH pattern with a retest done.
Now the price must sustain above 544 for further up move to happen.
SL and potential possibilities marked on the chart.
Always best to trail the SL to preserve profits.
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When losses can not strip you from your well-being, you know you've matured as a trader.
- Yvan Byeajee
Now the price must sustain above 544 for further up move to happen.
SL and potential possibilities marked on the chart.
Always best to trail the SL to preserve profits.
--- --- ---
When losses can not strip you from your well-being, you know you've matured as a trader.
- Yvan Byeajee
Note
Seems like it just retested the BO level and bounced. The momentum is likely to pick up once it sustains above 544Never let a profitable trade turn into a losing one. Best to trail your SL.
Trade closed: stop reached
That is why a trailing SL not only saves you, but even protects some of the profits.Trade active
Another possibility only if this time BO sustains. SL will be 484 on closing basis.
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