The False Break Trading Strategy (95% of Traders Donโ€™t Know This) ๐Ÿ”ฅ๐Ÿ“‰

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9 months ago
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Finance & Crypto

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1๏ธโƒฃ 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๏ธโƒฃ 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๏ธโƒฃ 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! ๐Ÿ“ˆ

Discover why so many successful traders trust Deriv!
๐Ÿ”ฅ Open your FREE Demo Account today: https://bit.ly/3Rnmgod

#FalseBreak #TradingStrategy #Forex #DayTrading #PriceAction

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