
Market Masters Academy
February 1, 2025 at 11:38 AM
Market Masters Academy
SPOTTING FAKEOUTS MADE EASY!
Want to avoid falling for fakeouts? Here are two simple yet effective strategies:
*Increase the Touch Count*:
Instead of relying on 2 touches, wait for 4 or more areas to be touched. This significantly increases the accuracy of your breakout trades, with a 90% chance the market will move in your predicted direction.
*Wait for the Retest*:
Patience is key! Rather than entering early, wait for the market to retest the broken level. This confirmation can help you avoid fakeouts and ensure a higher success rate.
STAY TUNED!
These concepts will be explored in more depth in our upcoming topic. Get ready to elevate your trading game!
Best, Market Masters Academy
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