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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 görüntüleme • 2 ay önce •via X (Twitter)

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Joe Murphy profil fotoğrafı
Joe Murphy2 ay önce

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

Joe Murphy profil fotoğrafı
Joe Murphy2 ay önce

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?

Aksel Kibar, CMT profil fotoğrafı
Aksel Kibar, CMT2 ay önce

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

Joe Murphy profil fotoğrafı
Joe Murphy2 ay önce

I see, same

Mind Math Money profil fotoğrafı
Mind Math Money2 ay önce

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

GP profil fotoğrafı
GP2 ay önce

Is $5.63 your entry point for a buy?

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