Charting wise. Breakout is when previous Resistance (highs) is breached and price pushes higher. There can be false breakouts though, and often the Resistance point is re-tested as new Support, before resuming higher.
Charting wise. Breakout is when previous Resistance (highs) is breached and price pushes higher. There can be false breakouts though, and often the Resistance point is re-tested as new Support, before resuming higher.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
