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RE: WHAT DO U GUYS THINK

in #blogs7 years ago

Depends upon what you are looking to do. Using a 30 min chart means that you are looking for a day trade. If that is the case, you have a breakout that is reverting back to the point of resistance. Watch your trendline...if it pulls back to there and moves upward off it, you could catch a good run. Use the trendline as your stop loss.

Also be mindful of the triangle pattern developing. That might result in a downside break on you.

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Im a begginer in this bro .i didnt understand [Watch your trendline...] i dont no when to put a stop loss ....if ur willing to teach me ill be greatfull thanks