As one can see in the chart, the formation of a Round Bottom is complete. Only need to wait for breakout.
Trade active
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Breakout over 280 level is yet to happen. The waiting game begins. Technically, stop hasn't been triggered so far, however we don't have an open position as breakout never came.
Order cancelled
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Price has reversed direction before we could enter position. I will come again with an updated idea once the price is back at the breakout level.