How To Identify Fake Breakout & Breakdown Explained In Hindi | By - Umesh Sharma
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#Technicalanalysis
#Technicalanalysis #fakebreakout #fakebreakdown #tradingstrategy
In this video you will learn about how to avoid false breakouts also known as fake breakouts while trading, breakout trading is something that most traders do in intraday trading so it is important that we also learn how the to avoid traps placed in the market.
I have given 4 important tips about false breakout trading without any indicators and purely based on price action. Make sure you watch the video till the end so you don’t miss out. False-breakouts are exactly what they sound like: a breakout that failed to continue beyond a level, resulting in a ‘false’ breakout of that level. False breakout patterns are one of the most important price action trading patterns to learn, because a false-break is often a very strong clue that price might be changing direction or that a trend might be resuming soon. A false-break of a level can be thought of as a ‘deception’ by the market, because it looks like price will breakout but then it quickly reverses, deceiving all those who took the ‘bait’ of the breakout. It’s often the case that amateurs will enter what looks like an ‘obvious’ breakout and then the professional’s will push the market back the other way
As a price action trader, you want to learn how to use false breakouts to your advantage, rather than falling victim to them.
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2 سال پیش
در تاریخ 1401/07/16 منتشر شده
است.
14,754
بـار بازدید شده