I'm glad to see that you didn't get out because X was broken down...do you usually do this?
(it makes sense, with these being so popular, I bet someone's watching them, to run people's stops)
Andre_Cardoso
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Sir. Ivan, Hello!! I've just engaged this trade after it forges the low, at the time i published the chart i was waiting for bullish divergence, it broke X point, and i entered the trade when it recovered, so, i didn't take the fall. About the SL, it should be set below point X a few pips as you already know for sure, just in case, and in this situation we have a nice previous structure. Cheers ;)
IvanLabrie
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Hi, I don't really trade patterns, just seen this happen many times, and pattern traders would pass on a nice win, because of being stop hunted.
Cheers!
djcarlos000
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Nice trade.. Congrats!!
FemiAdewole
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Are you still going for this trade? I think the pattern is already violated.
(it makes sense, with these being so popular, I bet someone's watching them, to run people's stops)