[00:01] works, what it is, and how to use it correctly. We have already learned how to conduct levels. We have an approach, a point where the price hit and level drawn. Now the price has approached it again, and we can already prepare [00:17] to work out that very breakout. Now an important condition. Even if the price has already broken through the level, it is important for us to wait for it to consolidate. That is, we don’t jump up as soon as a breakthrough appears. There is no need to set a position anymore. We [00:31] wait for the second candle, the third candle behind the level. But that's not all. We got a breakout, consolidation, and a rollback. We can start setting our position. At the same time, if we place a stop-loss somewhere God knows where, behind a level somewhere even higher [00:46] and a huge take-profit, the price simply may not reach it. While we are experiencing an impulse breakout, there is every chance that the price will continue to fall for some time due to the stop-losses that were hidden here behind the level. Therefore, the stop loss can be [01:01] behind the level. Therefore, the stop loss can be carefully hidden behind the nearest candle. Moreover, we have a four-hour timeframe in one candle. There is a whole trend here on the five-minute timeframe. Take profit 1: t. No need to be greedy. It is precisely one to three that makes [01:16] it possible to quickly complete a transaction and not sit in the market until the price not sit in the market until the price reverses. Then we calmly collect learn trading and make money together.