Breakout, Retrace, and BUY
This trading setup most probably is the no-brainer setups and requires not much complicated settings. Yeah !
No sideway lasts forever, and seems like the Dollar Loonie has a move.
Breakout = Chances to BUY
BUT WAIT if you are a breakout trader;
Even you are trading breakout; you don't really trade the "breakout" - the price had gone too far, too exponential.
Going long on a bullish entry signals after the correction would risks a little lesser thus yield a better risk:reward ratio
No sideway lasts forever, and seems like the Dollar Loonie has a move.
Breakout = Chances to BUY
BUT WAIT if you are a breakout trader;
Even you are trading breakout; you don't really trade the "breakout" - the price had gone too far, too exponential.
Going long on a bullish entry signals after the correction would risks a little lesser thus yield a better risk:reward ratio
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.