DIN
- Hey.
Today I suggest to look at a more complex paper.
Not many people know how to trade fast breakouts, some on the contrary, love to trade them, but do not know how to trade false ones. Everyone has their own strategy.
So everyone can try it, look at the DIN situation.
Details are described on the charts: D1 (left) and H1 ( right).
There are three possible scenarios here:
1. Entering short after a false breakout is for those who understand and trade in false ones.
2. Entering the long for the breakout level on the primary impulse.
3. Entering the long after the price fixes above the level.
Trade active:
model hasn't broken. will go to retest