Sentences with phrase «false breakouts occur»

Not exact matches

If it ultimately fails to hold it means a breakout and a possible new charge to ever further new highs or lows as the case may be (for the record, it could also mean that a false breakout followed by a whipsaw is about to occur.

These lower level bases can be tricky to enter, as we usually see one or more false breakouts along the way before the real breakout occurs.

False Breakouts and Whipsaws Breakouts occur in zones of conflict.

However, not every breakout is equal; some are weaker than others and sometimes the market makes a false break before the real breakout occurs.

There can be long strings of inside bars on a 4 hour or 1 hour chart before a breakout for example, and trying to trade them will most likely cause you a lot of frustration due to all the false breaks that can occur on those chart time frames.