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General questions What is a false break out on Forex market?
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Question by: Lancarriotte - 13 Aug 2015, 09:12:13
What is a false break out on Forex market?
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Answers (2)
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Answer by: Jeremy - 14 Aug 2015, 09:26:13

Situation in technical analysis where a security's price crosses a resistance level or support level, but then re-crosses the level and returns to the other side.

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Answer by: Joseph - 18 Aug 2015, 09:37:54

A situation in which a stock or index closes above or below arange defined by a short-or long-term trend line or othersupport or resistance level and then retracts to within the range again.

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