We've discussed this topic before. In a bear market, don't focus on breakouts for trading, or assume a breakout from a certain range means a new trend is about to begin. If you widen the range from a small breakout to a larger one, you'll find a hundred resistance levels. Bull markets tend to have more bear traps, while bear markets tend to have more bull traps. But the trend is your friend. Focusing on lower highs and lower lows will prevent you from misjudging the trend. To trade on the right side of the trend, wait for a change in direction before entering. Before that, treat any breakout as a smokescreen.
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