Create Your Free Olymp Trade Account : www.o2helpvip.com
============================================================
Contact for any help:
JOIN Telegram Group:
============================================================
#olymptrade #oylmptradestrategy #olymptradeforex #olymptradefixedtime
Thank you for visiting my YouTube channel 🙂 ❤️
If You like the video subscribe @O2help for regular updates !! 🔔
Don’t forget to like , comment and share the video …🙏🙏
What Is False Breakout?
False breakouts are best traded in the direction of the trend. For example, the trend is up and a triangle pattern develops. The price breaks slightly below the triangle, only to quickly jump back in. That’s a trade you want to be long (buy) because the trend dictates the price is likely to move higher.
Failed breaks may also signal traders to enter a trade in the opposite direction of the attempted breakout. Since the breakout attempt failed, the price could head the other direction.
A failed break is also commonly referred to as a “false breakout.”
KEY TAKEAWAYS
A failed break is when the price of a security moves beyond a support or resistance level (breakout) but then reverses course moving back below resistance or above support.
A failed break is different than a throwback. A throwback is a short-term retracement back to the breakout point.
Some traders opt to trade breakouts. Other traders wait for failed breakouts, and then trade in that direction (against the breakout).
======================================
Useful videos:
About O2Help:
O2Help is an educational channel that helps you to polish your binary and forex trading skills. We do live to trade on a daily basis where you can learn about how to earn money from trading in the stock market.
On this channel, we strive to publish the most effective trading strategies for free. Moreover, we also publish nifty predictions and the best intraday stocks for future investment.
#olymptrade #priceaction #priceactionstratergies #priceactiointrading #olymptradesignals
Subscribe to my channel to get a reality check on the day-to-day trading opportunities.
Disclaimer – This channel is for educational purposes only. Make sure to do the required backtesting and implementation in the live market at your own risk.
============================================================
Contact for any help:
============================================================
Create Your Free Trading Account :
============================================================
Do Subscribe to My Channel for More…
📢 Subscribe for More ►►►
============================================================
Follow Droom Discovery Social Channel:
👍Facebook👉
👍Instagram👉
👍Telegram👉
👍YouTube 👉
============================================================
DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities, all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.
Fair use is a use permitted by copyright statute that might otherwise be infringing
Original Source Link