When to exit from a trade
We can see in this example as the price is holding an uptrend line.
To obtain maximum profit and avoid hitting stop loss, here is an example of manual trail stop.
As soon as the uptrend line is broken, go to a smaller time frame and close the trade if one or more bars closes below the trend line
To obtain maximum profit and avoid hitting stop loss, here is an example of manual trail stop.
As soon as the uptrend line is broken, go to a smaller time frame and close the trade if one or more bars closes below the trend line
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