Skip to playerSkip to main content
  • 45 minutes ago
Price smashed through that resistance ceiling and closed well above it. A trader watching this level sees that strong close as real buying pressure. Most traders buy that same candle without waiting to see it hold. This move is called a Breakout. It means buyers finally broke a level that had capped price for days. See how the ceiling held firm until this candle closed clean above it.

Learn this setup step by step: https://thenojoblifestyle.com/web-stories/breakout/
Rather not scan charts all day? See how AI can trade for you, free guide: https://thenojoblifestyle.com/?src=dailymotion

Not financial advice. Trading involves risk and you can lose money.

Category

🗞
News

Recommended