Identifying false breakouts
The most effective method for determining fake acne is to follow the differences.
For example, if the price level broke the support level and the MACD indicator signals the presence of a bullish divergence, it turned out that the breakdown is incorrect.
Before you start using the fake breakout in a real money trade, it is recommended to test this method by trading on a demo account in MetaTrader. I hope this article will help you learn to recognize the occurrence of false breakouts and use them to profit in the Forex market.