Anticipate the Breakouts: Time-Volume-Momentum RelationshipHi fellow
Thanks for your response to my last post in which we discussed what happens after a breakout.
In this post we will discuss better ways to anticipate a breakout.
Although the types discussed are ideal that doesn't mean they are not possible in real time. That's why I have been posting some examples.
However, anticipating a breakout does not mean that it will surely happen and you would end up in profit. That's the harsh part of trading and we should accept it. The least we can do is to have a plan and execution of that plan.
These types of breakouts are common on lower time frame charts. But if and when they occur in larger time frame, their magnitude and effect multiplies.
Rest of the notes are on the chart. Have fun.
Your likes are the only motivation to post better analysis in future.
Trade safe, stay healthy
Best Regards
Afraidtotrade
