i am also thinking
All breakouts wont work and breakout failures also dont work all times. Breakout failures I call them reversal.
For my mindset. If I can keep on taking all breakouts and many of them fail then I would get confused. Cant continue that way. If I keep on taking all reversals after some failures again it would be same result.
Some breakouts work while some reversals do. A lot of people talk of context on higher timeframe. Some experts also talk of figuring out the trend.
Figure trend
Look at context
Choose breakouts
Choose reversals
Reversals are a little more comfortable as you get a feeling you are catching bottom or top aur kitna jayega neeche
Sometimes reversal would never come and breakouts give a lot in a short time.
After all the trouble In the end hopefully we make some money
one cannot know it with certainty but on probability baisis, i use PA and volume/momentum to find whether support and rest will hold or not
regds,s