Confirming a Breakout - What Beginners NEED to know (4 methods)

Today's video will discuss what breakouts are, then the 4 different methods to confirm a breakout to ensure you're trading safe.  Otherwise, you may be subjected to false breakouts which can be a pretty expensive lesson to learn. You'll also find in the video which one of these 4 is my favorite!   0:00 What is a Breakout? 0:35 Closing Price Filter Confirmation Method 0:54 3% Rule Confirmation Method 1:20 Time Since Breakout Confirmation Method 1:35 Volume Confirmation Method 2:13 Which method is the best?   #confirmation #trader #technicalanalysis   .......................  📸  Check me out on Instagram & Twitter! https://www.instagram.com/elblancofinance/  https://twitter.com/ElBlancoFinance  👉 Want to try trading with Tradenet? Pay $349 USD to get access to a $14,000 funded account. Here is my referral code : https://elblanco.funded-account.com/  🛡 Use this link to open an Interactive Brokers account for a $200 USD cash sign up bonus. https://ibkr.com/referral/alexandre412  🔷  To buy & sell Bitcoin, I use Shakepay ➔  https://shakepay.me/r/CVW9C8R  ✅  Wealthsimple Trade account and get $10 for free when you deposit $100:   https://my.wealthsimple.com/app/public/trade-referral-signup?code=IDN9IA  ✅   QuesTrade margin account to buy OTC stocks and do pre/after market trading: QPass key: 386628227438240  ...................................  DISCLAIMER - The content in these videos shall not be construed as financial advice. It is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY. Do not make investment decisions based on our videos. No copyright infringement is intended.  Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!  ............................   Only responsible for gains, not losses   Let's get rich 🚀📈   Let's finagle this bagel 🥯