Sentences with phrase «original breakout level»
A good way to enter on a breakout is to wait until the price retraces back to the original breakout level and then wait to see if it bounces back to create a new high or low (depending on which direction you are trading).
https://www.babypips.com/ Not exact matches
But beware in the case of a rising or falling channel this retest level may be on the other side of your trade entry should you have entered a trade on the original breakout.