A Simple and Effective Trading Strategy: "Break and Retest"
One of the simplest and most powerful strategies in trading is the "Break and Retest" strategy, suitable for all levels.
How does it work?
1. Identify a clear support or resistance area.
2. Wait for a clear break of this area at a definite price (not just the candle's shadow).
3. Wait for the price to return to the same area (retest).
4. If a confirmation candle appears (such as a reversal or engulfing candle), enter the trade.
Why is this strategy special?
• Easy to understand.
• Reduces random entries.
• Provides precise entry opportunities with calculated risk management.
Tip: Do not enter without confirmation from the candle or indicator, and always set a stop loss.