Study Notes: In a relatively clear upward trend, when the price breaks through a significant resistance area with volume, the probability of a true breakout is high, and one can go long~

Thought Notes: The stronger the price rises after the breakout (quickly moving away from the previous resistance area), the greater the probability of a true breakout. One can directly go long (with a large stop loss but high win rate) or wait for the pullback after the breakout to end (the pullback does not break below support, "resistance turns into support") before entering a long position.

Both methods have their pros and cons. The former is suitable for light positions with wide stop losses, while the latter is suitable for moderate positions with small stop losses—one directly goes long, and the other waits for a pullback to go long…

Study hard and improve every day 🙂🙂🙂

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