Real-World example of Price ROTATION trade and accurencyKeep your stop loss Outside of a penetration area.
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 volume with the price. For insta nce , if down-breakout, price fall with raising volume will favor of your trade direction.
3) Take price when price heavy surge in volume, because of most of the trader book the profit at that time.
4) Read price but not news or other talks.
5) etc.
If you want to get UPDATE/ALERT when a breakout, LIKE this post.
