As a swing trader who capitalizes on breakout trading signals, I have learned over the years that a breakout of a support or resistance level will be ultimately followed up with a re-test of these old levels as a new support or resistance level. As a swing trader, my job is to "ride the dip" after I've entered the trade. For this reason, many people opt out of trading the breakout, and wait for this re-test. However, the risk of this trading style is missing out on the various trades that choose not to re-test. These happen to be the big money makers you don't want to miss. I could name them, but you already know.

When I reference "patience," 9 times out of 10 it is in regards to this. Take BBG as an example today...

Magically, it appears to be right back at that breakout point. When dealing with triangles, I use the apex in a symmetrical triangle as my re-test area, with ascending triangles it is the horizontal resistance, and with descending triangles it is horizontal support. While these levels don't hold 100% of the time, they hold more often than they don't. A break below these levels proves that the trade is "broken" and is what I use to exit the trade with a loss.

At the end of the trading day, of course.