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The False Break Trading Strategy (95% of Traders Donโt Know This) ๐ฅ๐
Discover why so many successful traders trust Deriv!
๐ฅ Open your FREE Demo Account today: https://bit.ly/3Rnmgod
1๏ธโฃ What is a False Break?:
A false break occurs when price briefly breaks above or below a key level (support/resistance) but quickly reverses, trapping traders.
2๏ธโฃ How to Trade It:
Wait for a Break: Price pushes through a key level (e.g., resistance or support).
Look for Reversal Confirmation: After the false break, wait for a candle close back inside the range or a price rejection.
Enter: Trade in the direction of the reversal, with tight stop-loss and strong risk management.
3๏ธโฃ Why It Works:
Institutions often trigger false breaks to trap retail traders, allowing them to accumulate positions at better prices.
Learn to spot these and avoid chasing false breakouts! ๐
Discover why so many successful traders trust Deriv!
๐ฅ Open your FREE Demo Account today: https://bit.ly/3Rnmgod
#FalseBreak #TradingStrategy #Forex #DayTrading #PriceAction
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