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Type 2 breakout. Breakout, pullback and continuation. Previous resistance becomes the new support.

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Aksel Kibar, CMT

188,015 subscribers

24,271 просмотров • 2 месяцев назад •via X (Twitter)

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Комментарии: 6

Фото профиля Joe Murphy
Joe Murphy2 месяцев назад

well actually not in this case but for a market that moves far in the right direction and then comes back.

Фото профиля Joe Murphy
Joe Murphy2 месяцев назад

Aksel most of the time I will be knocked out of these at BE, I am interested in your approach to stop loss placement. Are you very much a set and don’t move it person?

Фото профиля Aksel Kibar, CMT
Aksel Kibar, CMT2 месяцев назад

Mostly from last full day low to slightly below pattern boundary until price starts moving. Later I might deploy ATR trailing.

Фото профиля Joe Murphy
Joe Murphy2 месяцев назад

I see, same

Фото профиля Mind Math Money
Mind Math Money2 месяцев назад

The pullback is where a breakout tells the truth. No retest, no trust.

Фото профиля GP
GP2 месяцев назад

Is $5.63 your entry point for a buy?

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