Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

market never ending cycle sell breakout

trading
channel 75% becomes
buy
range
50 % chances of breaking bullish or bearish

traders attempt that 80% of breakouts will not succeed

breakout pullback channel good risk / reward operations.

more than 20 bars

"the breakout
channel types climax"
tight channel broad channel high risk / high probability

no significant pullbacks
initial stop loss regardless where easier to trade
your trade started the pullbacks only 10% of bars are in
breakout mode ~ trade
ok to scalp with trend
high probability ~ high risk countertrend
60% / 70% chance of
measured move
ok to scalp ~ you can miss the
rest of the movement
buy
more late you're in ~ more buy if retraces more than
risk you'll have 2/3rds ~ 50% chances
max. 20 to reach newer high or
better to swing
new lower low stop
bars as bear channel ~ bull breakout
reference stop bullish channel >>
bear breakout

You might also like