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What's the difference between a breakout and BTC/STC ?
Hi w,
Video 1 - Terminology 05:13 "A breakout is simply a move beyond support or resistance."
BTC/STC is a type of trend where one side is enticed to keep buying all the closes or sell all the closes. It often starts with a breakout consisting of 2 bars (although a single strong bar in the right context may be enough) where one of the bars is strong and closes on its high for BTC or low for STC.
Hope that helped,
CH
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