This chart shows the consolidation of AMARAJABAT since the start of this month (august). So we expect either an up or downward move one it breaks the pattern.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation. Trade at your own risk.
- Wait for the breakout.
- Confirm it is clear breakout with volume .
- Buy with the help of technical indicators like macd , moving average, pivot points etc
- Or you could wait for a retracement and buy at retracement (if it happens)
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation. Trade at your own risk.
Trade geschlossen: Ziel wurde erreicht:
what do you expect the market to give you, a false breakout did happen. but we could have easily re-entered the market and recovered the loss and book some profit.