BEST WAY TO TRADE BREAKOUT
If you want to trade breakout unhave to keep some points in ur mind
1) See price action near the resistance level
# price consolidation
# candlestick pattern
# volume
2) If u miss the trade on BREAKOUT level don't worry price will do 2 thing
# price retest the key level
# price take pause in terms of pullback or consolidation after breakout
( First pullback is the best entry for risk to reward than trading breakout it may fail )
BE PATIENT TO BECOME AN PROFITABLE TRADER REMOVE ALL FOMO FROM UR MIND
Remember - let ur winner run and cut ur loss as soon as possible
WORKHARD AND BELIEVE IN YOURSELF
1) See price action near the resistance level
# price consolidation
# candlestick pattern
# volume
2) If u miss the trade on BREAKOUT level don't worry price will do 2 thing
# price retest the key level
# price take pause in terms of pullback or consolidation after breakout
( First pullback is the best entry for risk to reward than trading breakout it may fail )
BE PATIENT TO BECOME AN PROFITABLE TRADER REMOVE ALL FOMO FROM UR MIND
Remember - let ur winner run and cut ur loss as soon as possible
WORKHARD AND BELIEVE IN YOURSELF
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