iFast - The Challenge Between Bulls and Bears

iFast is at an interesting level to watch. 

1) Bulls breakout of 7 then comes 8 or 9.

2) Bears create a false breakup and then reverse back to goes further down.

3) False breakdown and wipe out all the stop loss around 6 then reverse up to 7, 8 or 9.

Let the Market Makers decide, then you ride the trend direction. 

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.