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Stop loss on my ACAD long now moved

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pennies2007 Member Profile pennies2007 Member Level 
Friday, June 22, 2012 1:05:24 PM
Re: pennies2007 post# 99864 Post # of 118344 
Stop loss on my ACAD long now moved up to 1.03 from 1.0290. The breakout of the triangle helps confirm the bullish stance. If the pattern is correct, it shouldn't come back down below the big hammer candle low. If it does, then the trade is invalidated on a move below 1.0305 so 1.03 is a safe SL at this point.

Techs, techs, and more techs...TA is where it's at. smile


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