📐 Pattern of the day: Range Breakout
🔵 Breakout pattern
Price bounces between clear support and resistance. The longer the range, the stronger the break.
✅ Entry: a close outside the range
🛑 Stop: back inside the range
🎯 Target: the range height, from the breakout
💡 Inside the range, buy support and sell resistance. Only chase the break with volume confirmation.
#RangeBreakout #ChartPatterns #TechnicalAnalysis #BTC #QNT #AERO #Trading
© Best Traders · @Best_traders_1
☎️ Contact @Adler_Ross
🔵 Breakout pattern
Price bounces between clear support and resistance. The longer the range, the stronger the break.
✅ Entry: a close outside the range
🛑 Stop: back inside the range
🎯 Target: the range height, from the breakout
💡 Inside the range, buy support and sell resistance. Only chase the break with volume confirmation.
#RangeBreakout #ChartPatterns #TechnicalAnalysis #BTC #QNT #AERO #Trading
© Best Traders · @Best_traders_1
☎️ Contact @Adler_Ross