Thanks again, was not tight enough for my liking but was considering the trend line as you mentioned.
Very similar with the 123 on Premier oil, any views on this?
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Thanks again, was not tight enough for my liking but was considering the trend line as you mentioned.
Very similar with the 123 on Premier oil, any views on this?
If you want to have a tighter stop then place your stop below the new trend line. This is currently at 976 so the risk is just small compared to 956. A break of this trendline could signal a false breakout of the 123 low formation . As true break outs tend to move away fast