False breakouts

I use mainly D1 time frame and here I use 20 pips buffer for counting any breakout! I don’t take my decision too early!

I saw this thread active again today and realized I have a different definition for a breakout than you probably do. I do not use s/r because I can only trade live trades with my broker, not historical ones, so what you call a breakout, or false breakout, has a totally different meaning to me. A false breakout for me is a false direction change based on the measurement between buyers and sellers. Most likely, though I have no proof, the breakouts I see are large orders or stop hunts on larger transactions with low tick volume. Since we can only see ticks, and not volume associated with the ticks, then a substantial spike could mean a substantial number of lots, but a low number of ticks. Since my averages are related to price, and not ticks, I see that as a false breakout. I see it more clearly by comparing it to a larger sample. So, in theory, a false breakout for me is merely a large order on low transaction volume and not a cross of some line connected to some previous trade. Since that trade is over, and the new trade is full of traders with different names, lot sizes, and reasons, I don't see how those lines have any meaning. Sorry for the confusion.