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As the second TD breakout qualifier is stronger than the first one it is reasonable to open a position even in case the first TD breakout qualifier identified a false breakout.
The second TD breakout qualifier:
For an upside (downside) breakout, the current price bar’s open must be greater (less) than the TD Supply (Demand) Line (Figure 1).
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Figure 1. The second TD breakout qualifier.
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+7 (495) 710-76-76
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© 1998—2009 «Alpari» |
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