LeMercenaire wrote:aliassmith wrote:I'm still all about the zlines. 3 trades with 1 loss in there.
2nd attempt to post this.
Once the middle trade flipped on you, would you not be tempted to enter on a break of the squeeze that had formed? Close over, retest, fail to close back under, enter.
Screenshot 2019-03-12 at 23.13.41 - Edited.png
Yes it was tempting but I was looking for a short as price got closer to the zline where the big move down originated.