Description
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*MTAR pop out from a good consolidation after couple of weeks
*Breakout with huge volume candle
*candle size is huge so the problem is where to enter and put SL?
1. if next day forms a red candle , retrace towards 1680-1700, take entry and keep SL below the engulf candle
2. if not happen, SL will be huge that is 9%
3. one should avoid entry if 9% SL is not manageable. should wait for retrace back