Yes, you could do that, either/or, exactly how you trade it is...

  1. 16,642 Posts.
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    Yes, you could do that, either/or, exactly how you trade it is up to you, and how comfortable you are.

    You could have been accumulating with the accumulators, after you identified what was most likely going on.
    You could trade the potential breakout
    You could trade the momentum after the initial breakout
    You could wait for a test of the breakout and trade the test (or secondary test if it came...)

    All these scenario's are valid trade setups

    Trading requires a completely different skill set to reading a chart, and not everyone is particularly great at both skills.

    cheers
 
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