Hi Mono thanks mate, not sure what you mean..work how?...the best way I`ve found for staying in a breakout trend is rather than looking at specific prices for targets, violations or stops is to just follow a moving average pair..9 and 13 ema`s are my favs for a wave 3, price can sometimes close below these two during the up trend but the truer reading is when 9ema closes below 13ema ...if that happens sell on the next bounce, it will often bounce up to 62% resistance and so your exit now is at the first lower high of the new down trend.,,the other way is to sell when a 5 ema crosses below both the 9 and 13 ema.
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