We're trading near the 24400 level. How price behaves around this psychological mark could be important for short term direction, especially after that period of balance.
Why exit a trade just because the price moves back a certain number of points? If the initial trade setup was sound and risk is managed with a stoploss, wouldn't it be better to let the trade play out until the defined stoploss?
Basically, why exit early? A small pullback might ...
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