Ever been caught in a breakout trade, only to watch the price reverse and stop you out?
It’s frustrating, but fake breakouts can actually turn into some of the best trading opportunities — if you know how to spot them and wait for the right confirmation.
Here’s how to take advantage of fake breakouts using the Renko In Renko indicator with Renko bars:
1️⃣ Identify the price channel.
2️⃣Find the point where the price breaks through the channel's trendline.
3️⃣Confirm it’s a fake breakout and wait for the Renko In Renko reversal signal.
4️⃣ Enter the trade when the signal shows up right after the fake breakout.
💻 Watch the demo of these 4 steps in action:
No need to manually draw channels — Trendline Autom@ton automatically plots trendlines and shows price channels on your chart, making it easier to spot fake breakout zones.
When you combine Renko In Renko with Trendline Autom@ton, you'll be positioned to make the most out of fake breakouts for smarter, more effective trading.
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🔸Regular price: $792 — Now only $346
🔸The offer expires at: 11:59 ET, Wednesday, May 7, 2025.
