Real Breakout (The Money Maker)
โVolume: Huge spike! ๐
โPrice: Big candle bodies, tiny wicks, and a clean close past the level. โ
โAction: Price holds the level on a retest and keeps going. ๐๐จ
โContext: Aligns with the higher timeframe trend. ๐
โ๐ชค Fakeout (The Liquidity Trap)
โVolume: Low or decliningโno one is buying the hype. ๐
โPrice: Long wicks and a quick rejection back into the range. ๐ โโ๏ธ
โAction: No follow-through; it just hunts your stop-loss. ๐ฏ
โContext: Happens in choppy, sideways markets. ๐ค
โ๐ก Pro Tips for Success
โStop being early: Wait for the candle to close beyond the level. โณ
โConfirm with volume: No volume = no trade. ๐ซ
โThe Retest: Conservative traders wait for the "kiss" off the old resistance to ensure itโs now support. ๐
โStop seeing fakeouts as bad luckโsee them as the market hunting liquidity. Patience is your edge! ๐๐
โ#TradingTips #Crypto #Stocks #Breakout #SAFU ๐๐ฅ