Breakout and pullback, go long; break support and rebound, go short. If support is broken and longs are trapped, get out as soon as you can—this level has now turned into resistance. When resistance is broken, those who missed out before can’t resist anymore and jump in with real money—this level then turns into support. The market isn’t completely random; it’s drawn with real money by everyone who has ‘profited, lost, been trapped, or cut their losses.’