You are viewing a single comment's thread from:RE: How to trade the markets #1 | Support and ResistanceView the full contextricardoreports (25)in #money • 7 years ago Very useful information. But how do you protect yourself against false breaouts ?
Thanks!
To avoid false breakouts, don't enter at the breakout, but wait for a pullback and then signs of continuation. So I would wait for a pullback and either enter after a bullish candle (for uptrend) or wait for the breakout high to be broken.