11-14-2015, 06:18 AM
Join Date: Oct 2015
Thanked 10 Times in 7 Posts
A False Breakout, How to Identify It?
Many who trade the breakthrough strategy would better understand is break real or false. If you see in advance false break, you canít 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: