Update idea T=0.016 T2=0.022 The breakout: This is the initial movement where the price breaches a significant support or resistance level. It's essential to look for signs of genuine momentum and increased trading volume during this phase to validate the breakout. The retest: Following the breakout, the price retraces back to the level it previously broke through. The reversal: This is price action confirmation that broken resistance has turned into support (in the case of a bullish breakout) or broken support has turned into resistance if the (in the case of a bearish breakout). The confirmation comes in the form of a reversal candle. Typical reversal candles are long-tailed hammer or pin-bar candles, but they can also be engulfing candles or multi-candle reversal patterns.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.