$SOL
Long :- $SOL
🚨 DON'T MISS THIS SETUP! 🚨
Headline: 📊 Strategic Buy Setup: Mastering the 'Break, Retest, and Bounce' 🚀
Market Analysis:
In professional trading, the "Break and Retest" is one of the most reliable setups for capturing high-probability moves. When a market breaks through a key resistance and returns to test it as new support, it creates a "golden entry" for disciplined traders.
Technical Breakdown of the Setup:
The Retest Phase:
After a bullish breakout, the price often returns to the breakout point. This is the Retest. It confirms whether the previous resistance has successfully flipped into a new "Demand Zone."
The Confirmation (The Bounce):
We don't just buy because the price touched the line. We wait for a Bullish Rejection (like a Hammer or Engulfing candle). A solid candle close above the support level confirms the Bounce, signaling that buyers are officially back in control.
The Strategic Execution:
Entry: Open the trade immediately after the confirmation candle closes above the support.
Stop Loss (SL): Place your SL strictly below the recent Swing Low. This protects your capital in case the retest fails and turns into a "fakeout."
Take Profit (TP): Target the next major liquidity zone or local resistance for an optimal Risk-to-Reward ratio.
Trader’s Insight:
Chasing a green candle can be dangerous. Waiting for the retest and bounce is what separates professional traders from gamblers. It provides a clear invalidation point and a much safer entry.
Are you a breakout chaser, or do you have the patience to wait for the retest? Let me know your style in the comments! 👇
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