Basic technique. When the price is about to make a fall, the basic structure of the downtrend needs to be identified. The basic structure of the downtrend has 4 important points which are H-L-LH-LL. If we have been able to identify this structure, then we will assume that the price will make another lower low (LL). We will take the opportunity to sell and cut loss if the price increases higher than LH.
Comment:
in profit..set BE
Comment:
in profit, but not yet TP.. just set BE
Trade closed: target reached:
nice. Successful