Did you miss the initial movement of a currency? No problem.

One of the easiest trading methods when you miss the initial movement of a currency is:

1- Wait until the price stabilizes around the peak.

2- Draw a line at that peak.

3- Enter when the price closes a candle above it (according to the time frame you are monitoring).

4- Continue trading towards the next potential level.

Where will your stop be?

It will be the same area you chose to buy that will be your stop point. If the candle closes inside that peak, it means the breakout is false, and you should now manage your risks and exit the trade.

This applies to every currency or time frame. Each time frame shows you a different picture and gives different results.

Read the details in both pictures.

Good luck, and keep learning.