Secrets of breakage and its importance in trading.

Many traders fall into the trap of false breakouts.
But professionals wait for the 'retest' before entering.

How? Read to understand:

1. What is a breakout? 🔓

It is the price breaking a major support or resistance level
(Horizontal or slanted - Trendline).
It could be upward or downward.

2. What is a retest? 🔁

After the breakout, the price returns to test the same broken level: