Category: Forex Trading

A good example of this happened in the crypto market in February 2023. At the time, Bitcoin made a bullish breakout above the $25,000 resistance level. Of course, different sources of information always send conflicting messages to some extent, but traders should take care not to discount mixed signals. The cost-basis accounting method used by…

But where they go wrong is that they move their stop loss to break even too soon. And when the breakout pullback happens, they will get kicked out of their trade. Just to see price return into their anticipated direction – but without them. What Is Point Of Control In Trading This term denotes narrow…