Hello Steemians
Today is Saturday and you people know, we have lesson class every Saturday.
If you missed lession # 1, you can check here
https://steemit.com/bitcoin/@salahuddin2004/lesson-1
If you missed lession # 2, you can check here
https://steemit.com/bitcoin/@salahuddin2004/lesson-2
Today I would like to talk about (False Breakout & how to avoid them)
False Breakout: When the price moves for short period of time
above or below a key support or resistance level, but later
it fall back to its original point from where it started.
Example 2
How to avoid False Breakout?
This is a secret I am telling you.
Usually when breakout occurs I do not trade immediately.
I will wait for next 2 or 3 days then i trade.
To understand more clearly
Have a look at this
Lession # 4 will be on 10.03.2018
You would love to know that everyone can use this technique.
If you have any question kindly mention it in comment.
If you find it hard in practising it let me know in comment, I will go through it.
Resteem this post to help new investors.
Thanks