WebMay 31, 2024 · In the case of a strong support/resistance consider how the price behaves when it touches this level. If you look at our snapshot above, the price usually develops a downtrend. If the breakout occurs, wait until the markets behave like they did when … WebFeb 25, 2024 · 3 rebound points created by the indicators. When expecting a rebound, traders might consider opening a BUY position when the price actions crosses the lower (red) line and a SELL position when the price action crosses the higher (green) line. When expecting a breakthrough and the continuation of a strong trend, traders might consider …
Support and Resistance Breakout. 3+ Easy Tips to Trade Breakouts …
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