Position Traders can Trade BreakoutsUse Channels for Support & ResistanceUsing a trail can allow a position to lock in profit with the trend Find the Daily Trend The “HI-Low Breakout” approach is designed to find entries with the trend when price breaks from a key point of support or resistance. Since we will be selling in a downtrend and buying in an uptrend, the first task of this strategy is to find the trend. To begin traders will need to identify the primary ...
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