XEL 123 Low

it does happen a lot.

Count wrote: Thanks Remo!

Is it usual after a 123 low breakout that a backtest all the way back to the breakout level (in this case ~ 76p)often happens?

This is finding support at 66.25, top of the gap.
It could go on to fill the gap.

Buy at 66.25 support level(if it goes back to this level)
Top up at 64.25 if it fills the gap.
Looks to be a good area of support at those levels.

uk.advfn.com/p.php?pid=chartscreenshotsh...4JYk=&symbol=L%5EXEL

Regards,
trendfriend.