Sentences with phrase «obvious breakout level»

We might be able to establish a small position before the obvious breakout level if the price action forms a higher swing low.

Not exact matches

Since «undercuts» of obvious support levels are common with breakout plays, the trade could indeed easily go on to be a decent winner.

Listen to the signal and the market conditions; if there's a price action setup at a clean breakout level or an obvious trend with strong momentum, trailing your stop into a 1 to 4 winner may have its reward.