X.15. Trading against the trend.

A very risky strategy focused on capturing the reversal of the local trend. The danger is that a sharp increase in the price may continue the next day, as shown in Fig.240.

Figure 240. Phosagro share.

The Phosagro stock was in a long flat and then suddenly began to grow. The reason for entering the short at the peak of the price was the most suitable. However, the price continued to rise further…

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