Hello {{Name}},
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Today, we want to chat about something that every trader encounters at some poinе - how to deal with losses. Losses can feel like a rollercoaster of emotions, but they nothing more than a natural part of trading and great learning opportunities.
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| In this email, we'll explore one strategy how to prevent losses: |
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In trading, symmetrical triangles are chart patterns indicating a consolidation period before a price breakout. Formed by two converging trendlines with sequentially lower peaks and higher troughs, these patterns may end with bearish or bullish breakouts.
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| Gold (H4) |
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| You may open a position following the breakout direction when you receive a breakout |
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Unfortunately, sometimes there are fake breakdowns and the price returns to a triangle. In this case, there is nothing to do but close the deal with the loss and expect the following breakdown.
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| When the real breakout comes, you may follow the rupture direction and expect the asset to pass the same distance equal to the maximum height of the pattern. |
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| The triangles may be found in all the timeframes. |
| Want to know about more strategies that are the best when it comes to protecting yourself from potential losses when trading? |
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| They provide clients with high-quality, comprehensive resources: video lessons, live trading sessions and more to seize profitable opportunities in different financial markets. |
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