because I have made mistakes in my last forex trades but this did not discourage me at all
Am from reading a powerful email newsletter that talks about the
power of the breakout market cycle in this case, we are looking at the breakdown
This is when resistance becomes support this breakout happened a day ago but I think there is still a chance to trade.
This chart pattern follows the rocket booster strategy.
It has the following 3 steps:
1-The price has to be below the 50 Day Moving Average
2-The price has to be below the 200 Day Moving Average
3-The price has to gap down on a new 52-week low
This last step is very important because this is the market cycle of a breakdown.
Rocket boost this content to learn more.
Disclaimer: Trading is risky please learn risk management and profit-taking strategies.Also, feel free to use a simulation trading account before you trade with real money.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.