$Q
๐ Quick lesson + recommendation update ๐ฏ
In the previous recommendation, we mentioned that breaking above the peak is a condition for reaching the targets. And ุงูุญู ุฏ ููู everything was fully achieved exactly as required! ๐
But the scenario that happened in the middle included a very important lesson:
1๏ธโฃ First rise (the trick):
The price jumped above the peak momentarily, then dropped sharply. This was a fake rise meant only to shake out impatient traders before the actual move.
2๏ธโฃ Second rise (the real one):
The price returned and broke the peak steadily and stronglyโthen, directly from there, it moved to achieve the targets.
๐ก How do you tell them apart in a simple way?
* Fake breakout: The price touches the resistance or goes beyond it for moments with (a candle wick) and then immediately falls.
* Real breakout: The price closes with a full, strong candle above the peak with clear buying interest.
> ๐ฌ Quote from the previous post:
> "In the case of breaking the peak and the price stabilizing above it, the move heads toward the targets..."
>
Lesson: Donโt rush at the first touch of the peak; always rely on the candle close to confirm the direction! ๐ฅ
๐ Quick lesson + recommendation update ๐ฏ
In the previous recommendation, we mentioned that breaking above the peak is a condition for reaching the targets. And ุงูุญู ุฏ ููู everything was fully achieved exactly as required! ๐
But the scenario that happened in the middle included a very important lesson:
1๏ธโฃ First rise (the trick):
The price jumped above the peak momentarily, then dropped sharply. This was a fake rise meant only to shake out impatient traders before the actual move.
2๏ธโฃ Second rise (the real one):
The price returned and broke the peak steadily and stronglyโthen, directly from there, it moved to achieve the targets.
๐ก How do you tell them apart in a simple way?
* Fake breakout: The price touches the resistance or goes beyond it for moments with (a candle wick) and then immediately falls.
* Real breakout: The price closes with a full, strong candle above the peak with clear buying interest.
> ๐ฌ Quote from the previous post:
> "In the case of breaking the peak and the price stabilizing above it, the move heads toward the targets..."
>
Lesson: Donโt rush at the first touch of the peak; always rely on the candle close to confirm the direction! ๐ฅ
