What usually comes from retests?
Altough most of the proes out there are used to wait a retest before entering a long position (I love retests too in specific markets, and when certain criteria are matched), I can tell you that TECHNICALLY retest are the worst thing that can happen during a breakout. It weakens momentum and confidence in speculator. You get closer to where most of the stops are set. It could escalate in a long sqeeze quickly.
Not meaning I'm not short here. Good luck all
Not meaning I'm not short here. Good luck all
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