nmike
Long

BREAK-OUT STRATEGY

495 4 3
AVOIDING FALSE BREAK-OUTS. See notes on chart.
:)
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When the trend changes the signals look good and clean, the problem is when price decides to become messy and signals occur while price does nothing.
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Hello Nando, yes sometimes that can happen, but multi-time frame analysis will more often then not CLEAN-UP a MESSY chart...
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Kind of a cup and handle pattern lately. Awsome funny chart :)
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