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ANTO :

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13 years 1 month ago #2925 by remo
Replied by remo on topic ANTO :
this bounced of the trend line yesterday and the symmetrical triangle .
This is just to show people the power of a trend line trade. From this example you should be able to tell how good trend line trades are for first touch basis. Hense why i always use them over other more advanced technicals. Keeping it very simple can be very profitable ;) ;) ;)
Obviously you need to learn how to draw a trend line first :cheer: :cheer:



dyor
The following user(s) said Thank You: WaveSurfer, Jackozy, Tejassi, Wreckless Eric, not-just-anytradr

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13 years 2 months ago - 13 years 2 months ago #2286 by remo
ANTO : was created by remo
This ones broken out of the symmetrical triangle yesterday.
Now it looks like its going to test the breakout.
Could be worth going long with stops below yesterdays low
The target should be the highs of 1421 area. So good risk to reward ratio



DYOR
Last edit: 13 years 2 months ago by remo.

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