Did you miss the initial move of a currency? No problem.
One of the easiest ways to trade when you miss the initial move of a currency is to:
1. Wait for the price to consolidate around the top.
2. Draw a line through that top.
3. Enter when the price closes a candle above it (depending on the timeframe you're monitoring).
4. Continue trading toward the next potential level.
Where will your invalidation be?
The same area you chose to buy will be your invalidation point. If the candle closes within that top, it means the breakout is false, and you should now manage your risk and exit the trade.
This applies to every currency and timeframe. Each timeframe shows you a different picture and produces different results.
Read the details in both images.
Good luck, and keep learning.
Don't forget to visit my profile to get free coins through the (first and second) pinned posts at the top of the page.
