Post
· View 522
I have noticed that a lot traders try to buy if a higher high is broken, however there is a big difference between a resistance zoom and a higher high. If price broke a higher high, it means that price is already at the top and we should look for sell opportunity if we are a counter trend traders or wait for the retest to the low and buy if we are looking for a trend continuation move. We shouldn’t buy at the top, we should always look to buy at the bottom after a retest of a support zone.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

avatar

Hot

Study

-THE END-

login