The primary trend is the main force behind the trend and is like a river flowing in a particular direction.
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The Breakout Method This is a very common method of trading called the breakout method.
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One of the main reasons I believe technical analysis works is because of the human element.
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Set the rules and ALWAYS follow them.
Stop below the current price if you are long.
Next our established trend line was broken with a close below the line and the last piece of evidence was when we had a close below the support.