Price-Congestion is going to mature. After accumulation or distribution process from money-makers, price will move far away from current value which will be result as Breakout.
Right identification of Breakout will fill your portfolio but, always require patience. There're lot of traders works when breakout. If you are this type of trader, then ready!
Point should be careful while breakout are following:
Pin Bar
Volume surging with price
Gap
Invalid candle
Last and First of secession
etc.
Best of luck...!
Right identification of Breakout will fill your portfolio but, always require patience. There're lot of traders works when breakout. If you are this type of trader, then ready!
Point should be careful while breakout are following:
Pin Bar
Volume surging with price
Gap
Invalid candle
Last and First of secession
etc.
Best of luck...!