False breakouts, or "fakeouts," as they've come to be known, are when traders enter a trade after a period of consolidation, expecting a continued break out of support or resistance.
In this video, Alison describes different breakout trading patterns to look out for and also describes what confirmation signals you need to look out for to avoid a false breakout.
Check out this breakout trading strategy video for further breakout strategies: [ Ссылка ]
Check out this video on wedges: [ Ссылка ]
Check out our video on how to trade with bull flags: [ Ссылка ]
Check out our video on trading with moving averages: [ Ссылка ]
Check out our video on the MACD: [ Ссылка ]
🔔 Remember to subscribe and hit the notification button 🔔 to gain access to exclusive insights on risk management, risk-reward ratios, and stop-loss strategies. Join us on our journey to 1000 subscribers for specialised content!
Join the Discussion:
Share your trading experience and engage with the trading community in the comment section below to enrich your trading knowledge.
TIMESTAMPS
0:00 Intro
0:44 What is a breakout?
1:23 Breakout patterns
1:44 How consolidation leads to breakouts
2:03 What is a false breakout?
2:26 What a false breakout looks like
3:12 Momentum candles
3:35 False breakout signals
4:24 Confirming a true breakout
5:12 Where to place your stop-loss
5:33 Where to place your profit target
5:55 Scaling out of the trade
6:09 Thanks for watching!
Join us on our social media channels:
FxScouts on Facebook: [ Ссылка ]
FxScouts on Instagram: [ Ссылка ]
FxScouts on LinkedIn: [ Ссылка ] [ Ссылка ]
FxScouts on Threads: [ Ссылка ]
DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and whether you can afford the high risk of losing money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
![](https://s2.save4k.ru/pic/bM1zByjBUkY/maxresdefault.jpg)