Yesterday, I caught a long position. I am planning to go long again once the correctional trend line (green line) is broken on the 15M chart. A cup & handle pattern has formed and completed. The main trend line (yellow line) has been broken and price is re-testing it now. Waiting for the correctional trendline to be broken before entering for a buy.
Comment:
Never broke the TL for an entry. Invalid trade.
Comment:
It broke the yellow TL and formed a bullish correction. Once the bullish correction was broken and a candle close occurred, it became a valid trade and went in our favor.