Post #: 20824
"NMR = If it doesn't break resistance in the next few days another retrace, bit more side trading and a third attempt. The handle is voided. Look at waves you can have C above A in some instances. But it's not textbook imo. I'm in at present so I'd like to see it run. But I'll also exit immediately if it can't break that resistance."
That was posted last night in the Short Term Traders Lounge. It's the strategy I followed today with my exit. Retrace off resistance.
Potgut. Many people who follow TA can give different analysis it's up to the reader, what analysis they will consider more than others.
Post #: 20824"NMR = If it doesn't break resistance in the next...
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