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katya1

A False Breakout, How to Identify It?

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Many who trade the breakthrough strategy would better understand is break real or false. If you see in advance false break, you can’t open a position, or play in the opposite direction.

The volume can show how the breakthrough may be present. The point is very simple. Extra volumes at the level of the break significantly increase the likelihood of truthful breakthrough.

Consider these examples:

5aa7126a74915_Exam1.thumb.jpg.2bb02892f5ce34600d68c337ae552751.jpg

5aa7126a7c4ad_Exam2.thumb.jpg.e4ec6334df4a5c72f50bf32fc7bb308d.jpg

5aa7126a83f51_Exam3.thumb.jpg.8c908731237e486fa4791a4e4bcba287.jpg

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I trade only true breakouts, got some special technical indicator from one of Hotforex webinar mentors he shares it for free and basically it saves me a lot of time and efforts, as you don't need to concentrate on prices as before, the formula does it for you!

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