Break Retest Pattern | Live Forex Trade | EURCAD | Daily Chart

By | March 15, 2016

See the attached video. This video was originally posted 2014. What makes this trade special is the way the market  pulls back to the breakout level and just stalls out for several candles.  Finally, a bullish spike candle forms taking out the low of all the stall candles.  This is what triggered the entry. The entry was on a pullback of the spike candle so that it would allow for a 2x profit target to be established below the latest bounce that established a resistance level.

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