Do you tend to enter trades right after noticing a breakout? It's likely you've experienced fake breakouts like this before... Introducing Storm Eye, an indicator designed to help you verify breakouts. Let me walk you through how it operates in a trade scenario. Initially, it pinpoints phases of low volatility or sideways movement over a span of 10 candles. When a candle exhibits the largest body among the preceding 9 candles, Storm Eye flags this as a breakout signal. Next, the indicator evaluates whether it's a false breakout by monitoring the following 5 candles. Should any candle display a larger body than the breakout candle and move counter to its direction, the indicator verifies the initial breakout as false. At the same time, it identifies this larger-bodied candle moving in the opposite direction as a breakaway, indicating a substantial departure from the prior price range. To confirm this breakout, the indicator analyzes the next 2 candles. These candles neither exceed the breakout candle's body size nor close below half of its body, solidifying the indicator's confidence in the movement. It triggers an entry signal upon the second candle. That's the process behind how the indicator identifies reliable entry signals. Do you want to leverage fakeouts for better entries? Take advantage of our launch promotion! Right now, you can get our latest indicator for just $296, which is 50% OFF the regular price of $596. Click here!
The breakout in this scenario happened at the bottom of that leg where it reversed, not in that middle section where you focused.
it is where I usually take profits but often keep some part of the position for when the breakout works ...
%% SOMETIMES , yes sort of LOL; but its its off a plan + i use my hands more than feet. CANT really comment on that specific chart, not trading it. 2 ]I trade different LAST HOUR, depending on market but sellin' metals\ its usually early ; almost never last minute ,too rushed