USDCHF 1D HOW TO TRADE BREAKOUTS - HOW TO SURVIVE HEAD FAKES
Breakouts are found using Trendlines - Horizontal Sup/Res Ranges - Channels.
Finding the opportunity to see the 2nd or 3rd breakout increases breakout success.
Use a tighter stop loss on a 15m chart helps reduce risk.
If caught in a head fake - with a lighter stop loss - watch for another breakout setup.
Hold for a longer intraday or daily trend move.
Finding the opportunity to see the 2nd or 3rd breakout increases breakout success.
Use a tighter stop loss on a 15m chart helps reduce risk.
If caught in a head fake - with a lighter stop loss - watch for another breakout setup.
Hold for a longer intraday or daily trend move.
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15m breakout entry/stop loss levels