Do you struggle to trade Breakouts and other patterns in fear of them failing immediately after you enter?
Would you like to learn a simple approach to trading Breakouts with confidence that you will not be whipped out on false moves?
We are pattern traders on all time frames and all instruments.
Breakouts are one of our tradable patterns; however, they can be treacherous if you don’t know what to look for since many fail.
At Master Trader, we have several criteria to define quality setups based on the structure of the price pattern using Master Trader Strategies (MTS), which we will discuss in the video.
In trading initial Breakouts, we look for bullish price action at major resistance prior to breaking out, with various “tells” (i.e., clues or Shakeouts) that the supply-demand relationships supports the Breakout setup continuing.
With all Breakouts and other bullish Setups, we need a Price Void (insignificant resistance to the left).
We’re going to show you a compelling Breakout in a bullish Technology ETF which was a high-probability setup on Multiple Time frames (MTF), which dramatically increases the pattern success.
Management updates are sent intra-day by text message to subscribers.
It was an easy trade to manage, allowing subscribers to book a quick 13% gain in a few days!
Nice trade!
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