When a price breaks an important technical level, a very big movement may follow. If a trader manages to open a trade during this movement, he/she will get a lot of profit. However, there can be false breakouts that can trap traders into losses. Find out how to distinguish a real breakout from the false one and make money on it!
About Elizabeth Belugina
Elizabeth is a financial analyst at FBS. She graduated with a major in International Finance from the Saint-Petersburg State University.
Ms. Belugina is a cautious and risk management-oriented trader. This allows her to keep trading in profit regardless of the circumstances. When it comes to trading, Elizabeth relies on both the technical and fundamental analysis, in order to have a complete picture of the market.