Excellent information from you. I completely agree with you. By identifying breakout trends, we may easily earn some money by placing our nids accordingly. If the breakout is bullish, long trades will provide good returns in a short period of time.

In a similar way,if we break a trend reversal by placing shorts, we earn quick profits.

But there is a chance of fake breakouts, so we need to wait here until we get confirmation, then we can place our bids.

In your post, you explain it very well. Thank you so much.

Thanks for sharing with us. Take care of you.