Entrance to the breakdown after fixing the price level
Entrance is carried out immediately after fixing the price for the level. We are not waiting for a correction or additional signals, but simply open a deal.
The chart below shows the chart of the EUR / USD currency pair, on which the breakdown and further price movement towards the breakdown level are clearly visible. Stop-loss should be set behind the broken candle, in this case, at a distance of 81 points from the closing price, therefore, our level of profit taking should be located at a distance of 162 points from the entry point. As a result, the goal was achieved.
But it was the easiest way to enter, which often gives false signals, and professional traders are still waiting for their moment.