Breakout and retest
Updated
Breakout of crucial level is important indication of higher prices to come.
When such breakout creates all time high it means that market participants are now willing to pay higher prices.
A retest of earlier resistance from above creates good buying opportunity for investors. Here there is low risk and high return. Also success probability are high for such setup.
When such breakout creates all time high it means that market participants are now willing to pay higher prices.
A retest of earlier resistance from above creates good buying opportunity for investors. Here there is low risk and high return. Also success probability are high for such setup.
Note
16% in 7 weeks...
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