Friday, August 22, 2008

Why Use Trend Line ??



Look at the yellow circle the Double Bottom Formation it' s mean if not breakdown running price will retrace again or the new Up trend beginning.
See the trend line ( Purple) If Uj can not break my trend line in the top UJ will retrace again...the
first target maybe the Middle Bollinger (black).
but if break Up the first target the hight yesterday see the horizontal trend line ( brown)...

Play Safe, Locking Your Profit First Put SL , and Happy Trading..........


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