Why is a Falling Trend Line Breakout Not a Setup in Itself?
6 hours ago 3 minute read 0 comments Perfectionist25
The price of a stock that has been falling for a long time has broken above the descending trend line. The 20 EMA and 50 EMA are preparing to turn upwards. Volume is also decent. It seems like a momentum shift signal. But there's a critical trap here...