The "15-Minute Rule" for Market Breakouts ⏱️
Never enter a breakout on the very first 1-minute candle. Here is why:
Market makers often pump prices above resistance to tap into liquidity pools (stop-losses of short sellers and breakout buyers' market orders) before driving the price right back down—creating a classic Bull Trap.
The 15-Minute Rule:
Wait for the 15-minute candle to CLOSE above key resistance.
Look for a low-volume retest of that broken resistance (turning it into support).
Enter on confirmation, not FOMO!
👇 Have you ever gotten trapped buying a fake breakout? Be honest! 😅
#crypto #Binance
Never enter a breakout on the very first 1-minute candle. Here is why:
Market makers often pump prices above resistance to tap into liquidity pools (stop-losses of short sellers and breakout buyers' market orders) before driving the price right back down—creating a classic Bull Trap.
The 15-Minute Rule:
Wait for the 15-minute candle to CLOSE above key resistance.
Look for a low-volume retest of that broken resistance (turning it into support).
Enter on confirmation, not FOMO!
👇 Have you ever gotten trapped buying a fake breakout? Be honest! 😅
#crypto #Binance