A breakout retest entry offers a closer stop and some confirmation, but Bulkowski’s data shows only about half of breakouts come back to the level. Here is how the strategy works and how to test it fairly.
A breakout retest entry offers a closer stop and some confirmation, but Bulkowski’s data shows only about half of breakouts come back to the level. Here is how the strategy works and how to test it fairly.
Conventional wisdom says a breakout needs heavy volume. Two large datasets point in different directions, so here is what each found and how to treat a low-volume breakout without overstating the signal.