
Technical | Analysis page 302 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 13 Breakouts, Stops, and Retracements 273 for a stop and reverse. If the short is entered on the downward breakout, the buy stop would be placed at the upper level of the breakout bar to close the short position and to enter a long position. In the example, you can see that the triggered…