False Breakout Trading Strategy / How to Trade Failed Breakouts 👊

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[doggies.will.be.doggies]

I am a reasonably experienced trader but my learning curve still went multiple times higher binge watching your videos. Excellent material!!! It's incomprehensible to me that its not watched more - getting this kind of free advise from an obviously very talented/experienced trader is priceless. Thank you!

[Vibson]

Saint true 😇
100% agree👌 keep it safe, after every break out wait for pull back, see how far its go...if its get back to breaking point just watch for signal candle-s, if it respect the level we got ressistance that become support in uptrend let say for example and we should be good to go, or if pull back is not that strong to get back to breaking point just look for new levels, where is MA for exemple and again signal candle-s you favourite patterns for example rejection signal - candle with long shadow like 'hammer' then should be good to go but please with stop loss below breaking point, never on the bottom of previous- broken chanel ;)) protect ur capital guys always better to get late for a first wave and use them extreme- holding levels as margin of safety with reasonable stop loss point, simple, great plan.
always stick to price action, just watch and be ready to react with simple plan ;))
Another great video
Top man👍
Top chanel

[sistematico]

after the breakout, do you always move your stop to the entry point to break even just in case? or you keep your stop in the original place and even if the stock pulls back past the support/previous resistance do you still give it room to move see if it goes back up again?