For Trend Line Breaks, Wait For Time and Space To Occur. In this example, the trend line was broken on August 3rd, 2022 at 15:00. After the break, the Pullback Trader would wait till price retraces back to the broken trend line for an entry. Price retraced back to the trend line on August 11th, 2022 at 19:00. The Trader would have placed their entry at that time and date.
The next retracement occurred on August 29th at 19:00. The Trader would have placed their entry at that time and date.
In trading trend line breaks, wait for space and time to occur before entering.
The next retracement occurred on August 29th at 19:00. The Trader would have placed their entry at that time and date.
In trading trend line breaks, wait for space and time to occur before entering.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.