Turn fake breakouts into trade setups

Discussion in 'Trading' started by ninZa.co, May 7, 2025 at 3:58 AM.

  1. ninZa.co

    ninZa.co Sponsor

    You see a breakout, take the trade… then price reverses and hits your stop.

    The truth is: Those fake breakouts can actually be solid trade setups, if you know how to wait for confirmation before getting in.

    This video shows a structured way to turn fakeouts into high-probability trades, not traps.

    [​IMG]

    Here’s how it works:
    • Step 1: Identify a price channel
    • Step 2: Mark the area where price breaks the trendline of the channel
    • Step 3: Confirm it’s a fakeout, then wait for a Renko In Renko signal to enter against the breakout.
    • Step 4: Pull the trigger once a Renko In Renko signal shows up right after the fakeout.
    You're not avoiding fake breakouts. You’re using them.
     
    Last edited: May 7, 2025 at 4:29 AM