Capitalize on Fake Breakouts in Trading
Have you ever waited for a breakout, entered a trade in the direction of the breakout… only to see price reverse and stop you out?
The truth is, such fake breakouts can become great trading opportunities — if you know how to wait for a confirmation signal before entering.
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Here’s how we leverage fake breakouts using the Renko In Renko indicator on the Renko bar type:
• Step 1: Identify the price channel
• Step 2: Spot the area where the price breaks the trendline of the channel
• Step 3: Confirm the fake breakout and wait for a reversal signal from Renko In Renko
• Step 4: Enter the trade when Renko In Renko's signal appears right after the fake breakout.
💻 Watch the demo of all 4 steps in action:
You don’t need to draw the price channels manually — Trendline Autom@ton will automatically plot the trendlines and help you identify price channels right on the chart, making it easier to spot fake breakout zones.
Renko In Renko combined with Trendline Autom@ton will help you take advantage of fake breakouts for more effective trading.
🎯 Snag This Powerful Combo
- Regular price:
$792— Now available for just $346 - The offer expires at 11:59 ET, Thursday, May 8, 2025.
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