One of the most important signals in trend trading is the "structural breakout."
In simple terms, it means that the price has surpassed the previous high and no longer falls back to break that level; only then can we say that the market has truly given you a new direction.
The trend of "higher highs and higher lows" is the most typical trend rhythm. Once the price breaks through the previous high, retests without breaking it, and then makes another move up, that is a confirmation signal.
The practical approach is very simple:
After breaking through the previous high, I won't chase right away,
View OriginalIn simple terms, it means that the price has surpassed the previous high and no longer falls back to break that level; only then can we say that the market has truly given you a new direction.
The trend of "higher highs and higher lows" is the most typical trend rhythm. Once the price breaks through the previous high, retests without breaking it, and then makes another move up, that is a confirmation signal.
The practical approach is very simple:
After breaking through the previous high, I won't chase right away,