How to make profit out of failed breakouts

A failed breakout happens when the price moves through a support or resistance level but then fails to continue in that direction and reverses course. A Failed Breakout can be defined as a ‘deception’ by the market; a test of a level that results in a break of that level but the market then retracts and does not sustain itself above that level
 
 Breakouts commonly occur at designated resistance and support trend lines. A Failed breakout occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction. This is the worst-case scenario for a breakout trader who enters in the trade as soon as the price breaks out from a pattern.
 
 So Failed breakouts can lead to significant losses and can be very frustrating.

Objective

•  To discuss the validity of chart patterns 
• To discuss the difference between a Failed Breakout & Re-test of a Breakout
• To learn about 5 checkpoints that a trader can go through before trading every breakout

• Why Breakouts Fail?
• How to spot a Failed Breakout?
• How to trade a Failed Breakout to your advantage?  

Anyone who aspires to trade seriously or anyone who is already doing it for some time. 

• Step 1 : Click on ‘Book Your Seat !‘ button and book your seat for the webinar.

• Step 2 : You will receive an email containing a link to join the webinar.

• Step 3 : Click on the same link to join 15 minutes before the start of the webinar.

• Step 4 : Checksystem requirements and do necessary configuration of your headphone/speaker and system volume.