Is this a possible break out or just a fake break out.
I believe this is an actual break out but i expect to come back to retest the trendline before heading back down.
Regardless I have a pending buy or sell order depending on whether it returns back into consolidation or continues to move down.
I have 20 pip stop losses for both scenarios
I believe this is an actual break out but i expect to come back to retest the trendline before heading back down.
Regardless I have a pending buy or sell order depending on whether it returns back into consolidation or continues to move down.
I have 20 pip stop losses for both scenarios