Glossary

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    False Breakout
    It occurs when the price chart (see) unexpectedly passes through a psychological level (eg, upper or lower trendline - see, round number, such as 100, 1000, etc.), and then immediately returns to the range in which it was located before. It is important to learn to recognise a false breakout, because unlike a real breakout it does not change the direction of price movement.

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