Replies to post #27217 on lowtrade

[lowtrade]

API

This was a double bottom trade. And the pattern play is complete. One should be out on both, the small first entry and the second large entry. Until a new pattern is seen. Basically the trade is over. Could walk away and be looking for the next one, or place it on weekly watch list for a week or 3. Gap filled nicely, could base there for a while or continue retrace. Next entry .95 next resistance. Target 1.15. I'm leaning toward walk away and retrace continuation. On watch at best IMO

Also note it had way more then the 3 to 5 normal days green and has presented a high exhaustion candle spike, with red day following. The number 1 signal to exit on a parabolic run.

The more you see something happen, the more you can rely on it!