📊 95% of traders enter breakouts and the price usually goes in the opposite direction and they lose money. Learn Breakout Strategy properly 👇

Breakout and Retest in Trading 📈

1. Breakout:

Ever seen a price burst above a strong level, like breaking through a ceiling it's been hit repeatedly? 🚀 That's a breakout! It might suggest the price could keep rising or falling in a new direction

2. Retest:

Hold on, after the breakout, the price might dip back down to that old ceiling it just broke. 📉 This is like a check to see if the breakout is for real. If the price struggles to drop below that level again, it adds more confidence to the breakout signal

3. Strategy:

So, here's the scoop: when you notice a breakout, keep an eye on the price as it retests the broken ceiling. If the retest shows the price finding support above that level, it could be a strategic moment to consider a trade that follows the breakout direction