Hey, I have been keeping a close eye on the US 100 for the pass days, I bought the market yesterday just when the US 100 market opened. How ever i fell for a false breakout because from my understanding by analyzing the market, It was a bullish trend overall until the price made a breakout so passing my support trend line approaching my demand zone.
At this point i don't know to further take loses in hope that the price will make a consolidation in the demand zone and come back up or close the position with a loss and sell when the market so passes my demand zone?? I am stuck please help!!
I have attached a screenshot below. I was analyzing on Trading View, the US 100 pair.