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3 Points of Validation for Any Price Breakout

From dailyfx.com

-The 3 Components to Validate a Breakout -The 3 Components Applied to GBPUSD & Prior Breakouts -1 Question to Help You Avoid a Bear / Bull Trap “An important rule in trading is that time is much more important than price.” -Mark Fisher, The Logical Trader Few things are more exciting to a trader than a price breakout. Many questions rush to mind as you wonder if you’re on the cusp of the world’s next hottest trend or if this will be the move that makes your week, month, or year. However, it’s best to calm down when you first recognize the price break and look for a 3 developments of a break to confirm that the ... (full story)

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