Hi Jako
I was watching this vid presented by Weis on springs where he went through the following chart attached. I've arrowed the support in red under which I've marked '1' and '2' as the two potential springs. If you looked at trading it and got in based on bar '1' with your stop just below the low, you might've been just stopped out at '2' only to then see the market rise successfully. Apart from setting a lower stop, how would you avoid this and other similar scenarios?
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Hi Jako I was watching this vid presented by Weis on springs...
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