Watch how the price acts like a magnet to trend lines!
We observe a break of the main trend line which is almost instantly followed by a up thrust back to it.
We can use these retracements to open positions with better RISK vs REWARD RATIO (RRR) than conventional enter-upon-break strategies.
We observe a break of the main trend line which is almost instantly followed by a up thrust back to it.
We can use these retracements to open positions with better RISK vs REWARD RATIO (RRR) than conventional enter-upon-break strategies.