On FX:EURUSD, market moves sideways, which formed a triangle at 1H timeframe. It gives an opportunity to buy/sell at breakout. However, for conservative traders, you may wait for backtest to be considered as a valid breakout. ----------------------------------------------------------------------------------------------------------------------------------------------------- Top 10 Forex Brokers List - best10forex.com Best Binary Options Brokers - binaryreviewed.com
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the market becktesting breakout and it will constitute whether it is valid breakout or not...