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CANDLESTICK BREAKOUTS 🚀
Breakouts are exciting... but many traders jump in too soon and get trapped.
Here’s how to filter quality entries :
🔴 Weak Breakout
– No retest
– Price breaks and immediately reverses
– Avoid chasing the second candle
🟢 Strong Breakout
– First candle breaks the level
– Second candle retests the breakout zone
– Entry after confirmation increases win-rate significantly ✅
📏 Bonus tip: Price often pulls back to around 62% of the first breakout candle use that to your advantage 📉📈
Breakouts are exciting... but many traders jump in too soon and get trapped.
Here’s how to filter quality entries :
🔴 Weak Breakout
– No retest
– Price breaks and immediately reverses
– Avoid chasing the second candle
🟢 Strong Breakout
– First candle breaks the level
– Second candle retests the breakout zone
– Entry after confirmation increases win-rate significantly ✅
📏 Bonus tip: Price often pulls back to around 62% of the first breakout candle use that to your advantage 📉📈
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Sell Gold @3342.1-3345.1
Sl :3349.1
Tp1 :3340.1
Tp2 :3338
Enter Slowly-Layer with proper money management
Do not rush your entries
Sl :3349.1
Tp1 :3340.1
Tp2 :3338
Enter Slowly-Layer with proper money management
Do not rush your entries
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Touch and 25pips again✅
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
We focus on scalping traders🔥🔥🔥
Let’s CLOSE our profit now and set breakeven if you wish to hold now‼️
We focus on scalping traders🔥🔥🔥
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Forwarded from joeboy fizzy
Thank you very much sir God will bless you abundantly ✅