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RE: SEC S18-W6 || Mastering the Break Retest Break (BRB) Strategy

in SteemitCryptoAcademy14 days ago

Retest and pullback are two similar but different things. If we can see, these two things together make trading easier. A retest occurs when an asset's price reaches a new high or low price level, but then reverses direction to test the previous level before resuming its main trend. Meanwhile, a pullback occurs when the asset price moves in the opposite direction to its main trend.
Profit is always the main priority for traders, therefore, to avoid emotional chaos, we should not be carried away by the flow of emotions and applying a stop loss will be a "fort" when there is a sudden market reversal.
Good luck friends in this contest...
Keep your Spirit! 👍