Category | Breakouts

The Breakout-Retest Trade

Posted on 01 December 2010

So we have the 1st part of this trading formation in play; and need a significant (and tested) high or low – in this case a low is in place. Now, lets take a look at what price did on the 5min chart yesterday when it attacked this low area (1.3443 – 1.3449) level again. [...]

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