I have been trading breakouts on weekly charts from a long time already. And I can tell they are the most peaceful thing in the market.
Though, nothing is guaranteed in this world, this breakout gives a place to participate with low risk area. As you can see Inverse Head & Shoulder breakout gives a small stop loss and that is why they are the most favorable.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.