Breakout, Retrace, and BUY

This trading setup most probably is the no-brainer setups and requires not much complicated settings. Yeah !

No sideway lasts forever, and seems like the Dollar Loonie has a move.

Breakout = Chances to BUY

BUT WAIT if you are a breakout trader;

Even you are trading breakout; you don't really trade the "breakout" - the price had gone too far, too exponential.

Going long on a bullish entry signals after the correction would risks a little lesser thus yield a better risk:reward ratio