Find the areas where trend breaks are important
It takes a long time of trying to read a chart in a try to find the areas where trend breaks are important, but some basics every trader already know.
Looking at major pivot highs and lows and trendlines on longer term charts are the primary ones.
Stops tend to aggregate under/over pivots as the implication is that these leveks are defended by those who beleive in a continuation of trend.
Strategies of buying a break are common, equally common are seeing the break re-broken in the opposite direction once stops are eaten up so its not the be-all and end-all of strategies anyway.
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