📉 what is fakeout..?
When the price breaks a support or resistance and it seems like the market has broken out,
but suddenly reverses —
it is called a Fakeout.
💡 how To Trade on fakeout ?
1️⃣ Keep Eyes on strong zone
Keep an eye on the support or resistance level where many people try to trade.
2️⃣ Wait for Breakout
Do not take an entry immediately when the price line breaks.
3️⃣ Look to rejection signal
If the price goes up a little and then comes back into the same zone —
it could be a fakeout.
4️⃣ Entry after confirmation
When the price comes back into the zone and the candle confirms,
then take entry — in the opposite direction.
🎯 Pro Tip:
Fakeouts trap those who rush.
Take entries wisely, the market will work in your favor.