An example to learn how a trend is reversed

and how to set up a trading

When an extreme point (1.58) is broken out, buy in, sell when profit target is reached (1.58+ 1.58-0.59=2.57).

A perfect technical trade set up.


So it's fool to buy when the stock is in consolidation because it could break out in either direction, it's a pure gambling and in the long run, you will lose.