how to spot a good breakout and avoid fake breakouts before they happen

Business Cycle: 26 years of uninterrupted growth characterizes the Australian economy. However, some suggest the economy has peaked and is heading toward the Contraction phase as the global slowdown has affected the economy. The housing market, which was renowned in the financial world, had recently slowed down the pace of growth, and consumers seem to be affected by it. The Australian economy is heavily based on commodity exports and the recent selling of the raw material markets can only have a downward effect over the real economy. pips? 50 pips? How likely is it that it will continue for 10 more pips? 20 12.3% +80 47.0% +60 When price moves 10 pips in either direction, what is the probability that