🚨 STOP CALLING EVERY WICK A BREAKOUT
A resistance break by itself isn’t enough to enter a trade. One of the first things I check is what happens after price takes the level. If BTC pushes above a previous high but the candle closes back inside the range, that breakout has already lost some credibility.
The next candle matters even more. If sellers follow through and price starts moving back through the range, that move can be a liquidity sweep rather than genuine upside continuation. The same logic works below support: a wick through the low followed by a reclaim can trap shorts.
The simple rule I use is sweep → close → confirmation. Don’t buy just because the wick crossed resistance. First see whether price can actually stay above it.
That small change in how you read candles can keep you out of a lot of fake breakouts.
$BTC $PONS $NVDAB
A resistance break by itself isn’t enough to enter a trade. One of the first things I check is what happens after price takes the level. If BTC pushes above a previous high but the candle closes back inside the range, that breakout has already lost some credibility.
The next candle matters even more. If sellers follow through and price starts moving back through the range, that move can be a liquidity sweep rather than genuine upside continuation. The same logic works below support: a wick through the low followed by a reclaim can trap shorts.
The simple rule I use is sweep → close → confirmation. Don’t buy just because the wick crossed resistance. First see whether price can actually stay above it.
That small change in how you read candles can keep you out of a lot of fake breakouts.
$BTC $PONS $NVDAB
