going long if previous daily candle high is broken.(0.855)
stop then will be below previous daily candles low. (0.805)
ASX thinks we are in wave 3 of 3 in Uranium.
measured move from double top
i expect the range between the tops averaged out and the bottom to be repeated on the downside, saw this move too late to move my take profit lower!
Sold the first lower high on the 15min chart expecting the MM move downwards. Held on for the ride until my profit stop was hit.
Felt like i should have been in and out of this trade several times on the way down for increased profits.