Breakouts are good, but when they fail, they fail huge. And you know what, we can benefit from them. A false breakout is the most underutilized and underrated trading strategy in Indian Stock Markets. Everybody is trading breakouts but very few people are trading false breakouts. This can give an edge.
Most traders are trapped while trading breakouts. This strategy tries to benefit from fake breakouts in the stock markets. When most of the traders lose money, this strategy tries to take benefit of their emotional state and act in the reverse direction as they start to panic and run for exits. It is based on Technical Analysis & Price Action and depends highly on the understanding of momentum in the markets. The overall concept is complex, but the application is simple, apt for beginners in the market.
#falsebreakout #trading #strategy #stockmarket
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trading screen False Breakout : How To Profit From Failed Breakouts In Indian Stock Market | Hindi | |
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