Tag: bullish trap


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False Breakouts on Financial Markets: How to Detect and Use?

Author: Andrey Goilov

What is a false breakout? Types of false breakouts Bullish trap Bearish Trap False breakout of a flat How to detect a false breakout? How to use false breakouts? Closing thoughts In certain cases, it might be unclear to the trader whether there has happened a breakout of the resistance level and, hence, the bullish […]