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Re: ER2 Trading Strategy Question
Soul this is a classsic coil break, they dont happen every day, but when you thought things where so sleepy and boring suddenly BUMM ﾃつ｡ﾃつ｡ coil break ﾃつ｡ﾃつ｡ you can notice the multiple retesting of this levels its what makes the bracket... the difference between false breaks and real ones is the velocity of the break... other key is that price once broke, doesnt get back in coil, it may test previous resitance (now support) but not break in again... that makes the pattern very powerfull... cheers Walter.
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