How to confirm breakouts/breakdowns without getting faked out 👇
Most traders get wrecked chasing false breakouts. Here's the framework:
• Wait for the candle close above/below the level
• Volume needs to spike on the break
• Retest the level as support/resistance
• Only then consider entry
The market will fake you out if you're early. Patience separates profitable traders from exit liquidity.
Full breakdown in the replies.
Most traders get wrecked chasing false breakouts. Here's the framework:
• Wait for the candle close above/below the level
• Volume needs to spike on the break
• Retest the level as support/resistance
• Only then consider entry
The market will fake you out if you're early. Patience separates profitable traders from exit liquidity.
Full breakdown in the replies.