The trade will execute after breaking up/down will give you the direction of trade.
Following points should be observed before entering to trade.
- 1) Volume should increase from the normal range of it.
- 2) The with the price. For instance, if down-breakout, price fall with raising will favor of your trade direction.
- 3) Take price when price heavy surge in , because of most of the trader book the profit at that time.
- 4) Read price but not news or other talks.
- 5) etc.