๐ Failed breakout
Not all breakouts continue.
๐ Example: $PEPE
Breaks a resistance โ buyers enter โ price quickly returns below the level.
If later it loses the structureโs minimum:
๐ a Short opportunity may appear.
๐ก The real point isnโt that it broke; itโs that it couldnโt hold the breakout.
๐ Wait for confirmation before trading the failed breakout.
Not all breakouts continue.
๐ Example: $PEPE
Breaks a resistance โ buyers enter โ price quickly returns below the level.
If later it loses the structureโs minimum:
๐ a Short opportunity may appear.
๐ก The real point isnโt that it broke; itโs that it couldnโt hold the breakout.
๐ Wait for confirmation before trading the failed breakout.
