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和氣生財。Actually this counter i forecast can fly higher as they benefit from Russia and Ukraine war. I also earn few round from wave trading, now i also like Steve say aimimg another round reenter. There is no wrong no right from diferent people and diferent strategy
Oh u looking for breakout, different from my strategy grab from pull back. As i say different people different strategy so long comfortable own strategy
Max, what he doing is correct. When price reach resistance. If cannot break through, for trader will take profit and out beause the price will eventually going back down to form a new wave. In other hand, If the price break the resistance, then that point will become a good support. Trader will then come in again for new level. But sometimes a fake breakout and break the new support, traders will also CL that time. This is how traders manage risk.
I really don't care the way he trades.i just don't like the way he acts like a PRO. Keep questioning other people said that they don't know how to see the chart
0.395 is the fibo retraced 100% level. I’ll stop at here. Wont enter anymore. Good luck guys.
Next level if break 0.4 would be 0.5.
But in between i would suggest resist by 0.02/0.025 each stage.