You are on page 1of 15

BREAKOUT AND RETEST

METHOD

@Evanture_
@Evanture_
WHAT IS BREAKOUT AND RETEST

PRICE ACTION TRADING METHOD Price Breaks Through Support


The Breakout and retest method is one one of my favourite
Trades setups to find when I can recognize it, to understand this method
you have to know your basics Of support and resistance.
Retest Zone

This is your Floor (Support)

- Support Turns Into resistance - Some people like to say when the “Floor turns into the ceiling”
@Evanture_
WHAT IS BREAKOUT AND RETEST

This whole are now becomes a


PRICE ACTION TRADING METHOD magnet to price and price is attracted
to it and wants to pull its way back.

Retest Zone

This is your Floor (Support)

- Support Turns Into resistance - Some people like to say when the “Floor turns into the ceiling”
EXAMPLE #1 XAUUSD JAN 2018 -JULY 4HR CHART
EXAMPLE #2 USDJPY - NOVEMBER 15TH 2018 @Evanture_
EXAMPLE #2 USDJPY - NOVEMBER 15TH 2018 @Evanture_
TRADE EXAMPLE #3 EUR/USD OCTOBER 25TH 2018 1HR CHART (BEFORE)

@Evanture_
TRADE EXAMPLE #3 EUR/USD OCTOBER 25TH 2018 1HR CHART (AFTER) @Evanture_
EXAMPLE #4 EUR/JPY OCTOBER 18TH - NOVEMBER 2 2018 @Evanture_
EXAMPLE #4 EUR/JPY OCTOBER 18TH - NOVEMBER 2 2018 @Evanture_
EUR/JPY CHART A FEW EXAMPLE HERE ! DO YOU SEE WHAT I SEE ? @Evanture_
EXAMPLE #5 NZD/USD 2017 - NOV 2019 1D CHART
EXAMPLE #6 NZD/USD 1D CHART JULY 2018 - SEPTEMBER
EUR/USD DAILY CHART OCTOBER 2018 - NOVEMBER 2018
EUR/USD 1HR CHART NOVEMBER 23 - 27 2018

You might also like