In this video, I will show you how to avoid false breakouts. Many traders create a trading strategy based on breakouts because breakouts can give traders buy and sell signals. Unfortunately, many traders immediately open a position when they saw a breakout. But it is not a good strategy because the price can reverse and we can see a false breakout. In this video, i will show you some methods that traders can use to avoid false breakouts.
Timestamps:
0:00 Intro
0:16 Breakout and false breakout
0:53 How to avoid false breakouts
5:31 Final
Disclaimer:
I'm not a financial adviser and I'm not giving financial advices. This channel is for educational and entertainment purposes only. Trading is too risky for anyone. You shouldn't make any investment without consulting a financial advisor. Please do your own research before making an investment.
How to Avoid False Breakouts (Breakout Trading Strategy)
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