In this article, we'll explore a trading technique that isn't widely known but is certainly worth examining: the false breakout strategy, also known as the "Fade Breakout." This strategy takes ...

A clear breakout would be, at a minimum, a close outside of that range. Two trading days would add more credence, although false breakouts have been a hallmark of this market for several months now.

That's why the ability to spot false breakouts has become essential, and why tools like FXSpire, developed by Avenix Fzco, are helping traders better navigate today's fast-moving markets.

Earlier this week, the index had closed at a new all-time high for two days in a row — just as it did mid-January before lapsing into a trading range, creating what was a false upside breakout.

“A new DOGE bull run could start from this false break.” As the term implies, false breakouts trick traders into believing that a trend is shifting, only for the price to reverse ...