Wait for the breakout and then retest to enter positions with a very tight stop loss or just below the last point of support. This is called Wyckoff's Back Up to the Edge of the Creek Setup(BUEC).
We can get stopped 3-4 times but when we do catch the trade correct it will be worth much more because we have accumulation behind and a very favourable Risk Reward.
We can get stopped 3-4 times but when we do catch the trade correct it will be worth much more because we have accumulation behind and a very favourable Risk Reward.