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ALPACA just suggested the pyramid averaging method. After continuing to pull back, I added another position and have successfully taken profit at two levels. I will no longer perform additional averaging during the pullback, but will raise the stop-loss to protect my profits. I will wait for the third take profit point to be reached before exiting, using the charts provided by the previous two strategies as a reference.
ALPACA just suggested the pyramid increase the position method, and after continuing to retrace, added one more. Currently, I've successfully taken profit at two levels, so I won't be increasing the position anymore. I'll raise the defensive take profit a bit and wait for the third take profit point to be reached before leaving. For taking the opposite position, refer to the charts given by the previous two strategies.