After a breakout — price closing decisively through a level it had been stuck under, or a breakdown, which is the same break going down through the floor instead — price often returns to kiss the broken level (throwback) before continuing. Entering on the retest instead of the break = better price, tighter stop, cleaner invalidation.
Check yourself
Entering on the retest instead of the breakout gives you…
More excitement
Better price and an obvious stop level correct
Guaranteed profit
The retested level is your line in the sand. Below it you're simply wrong, and that's cheap information.
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