DislikedOk, top blue line is initial break. Bottom line is entry on retrace, correct?
Did you enter when price came back down to the bottom blue line? If you did it this way looks like you had some draw down? or did you enter when it came back up (after it went past the bottom line, avoiding the draw down)?Ignored
entry is on retrace where the previous bars high is or where the dashed line is...yes there is drawdown
the second dashed line is just another example of how the bar retraces and bounces off the previous bar for a continuation play ...once again entry on dashed line if it fits with your trading plans