And, that is why you have stops.
The 3rd bar was the narrowest of the morning (NRM). I entered on a break of the 3rd bar high, and was stopped out on a break of the 3rd bar low.
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Tags:
Trader-X, Stocks, Fibonacci, OCR
The Power of Persistence
1 week ago
2 comments:
I was watching this stock as I like the set-up that has rising bottoms and a flat top...they tend to break out strong (rising wedge). Luckily, I passed as the top was not exactly flat. TJ
posted by Tom C:
TJ - good observation.
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