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We can see an exit from the downward channel .
If you want to open BUY it's better to wait on some pullback to border of the channel.
If you want to open BUY it's better to wait on some pullback to border of the channel.
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@Yuriy_Bishko, He is asking about "how to know if it really broke the channel upwards or just a fake breakout"
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@WACD, "fake breakout" it's when the price cross the line but turn back and candle close under line...
On this chart breakout isn't fake)) it's true!
On this chart breakout isn't fake)) it's true!
Reply
@Yuriy_Bishko, Yes i know but is dont have a strategy to know a ready is fake breakout beceaus many times people like example entre for sell but is just fake breakout and price back then lost
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@chomaki, losses is a part of trading! Money managament helps lose less, win more
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