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RE: SEC-S18/W6 | Mastering the Break Retest Break (BRB) Strategy
In this BRB strategy, we must at least determine the right entry time and also form a pattern such as the paramid triangle pattern. This technique involves identifying breakouts of support and resistance levels and waiting for a retest before entering the market. A retest provides confirmation that the breakout is valid and indicates an opportunity to enter the market at a better price.
Determining a stop loss is also required because it can be automatically closed when the trend direction reverses against us and can minimize existing losses.
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