Con
Consolidation Breakout Strategy
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Recent Predictions
Incorrect: 0
Pending: 9
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Prediction
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Predicted at
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Video
Following a consolidation and breakout, a 1x to 2x gain is typically expected.
"whenever there's a consolidation whenever we see a breakout typically 1X or 2x is what we get to see"
Feb 8, 2024
Pending
Decreasing resistance levels can serve as additional confirmation for a consolidation breakout strategy, especially after a support breakout.
"after the breakout of that support we also have our added confirmation of decreasing resistance leve..."
May 9, 2019
Pending
The level for a pullback in a consolidation breakout strategy is identified by the highest candle bodies in the resistance area, specifically 1.2586 in this example.
"after the breakout this is the level I'm using is where the highest candle bodies are in that resist..."
May 9, 2019
Pending
The defined strategy requires at least two tests of resistance, a breakout, a pullback to that level, and an entry confirmation such as a close above candle.
"a level of structure that's been tested at least twice as resistance breakout of that level pullback..."
May 9, 2019
Pending
A rule for a consolidation breakout strategy is to wait for a pullback to touch the previous resistance level after a breakout.
"after this breakout I want to wait for the market to pull back and at least touch that previous resi..."
May 9, 2019
Pending
The strategy involves a resistance level tested twice, a breakout, potential rising support, a pullback to the resistance, and entry based on a close above candle.
"the conditions we just talked about level of structure that's been tested at least twice as resistan..."
May 9, 2019
Pending
A valid period of consolidation requires resistance to be tested at least twice and support to be tested at least twice.
"I need to see a period of consolidation in which structure resistance has been tested at least two t..."
Apr 7, 2017
Pending
After identifying a consolidation period, the strategy involves waiting for a breakout, then a pullback to a trend line, and finally an entry reason for a move in the breakout direction.
"After seeing that that classifies this as a period of consolidation and at that point I can wait for..."
Apr 7, 2017
Pending
Adhering to specific rules for consolidation periods, breakouts, and entry reasons provides a statistical advantage in the market, leading to consistent winning trades over time.
"And I noticed that if I wait for these periods of consolidation based on my rules and a breakout of ..."
Apr 7, 2017
Pending