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Have you fallen victim to the "false breakout"?
Learn about this common trap in trading!
The candle breaks through resistance... you get excited and enter a buy position... and suddenly the price collapses!
This is the "false breakout", one of the most deceptive movements in the market.
In your opinion, what is the best action in this case?
1- Entering immediately after the breakout
2- Waiting for confirmation of closing above resistance
3- Completely ignoring breakouts
Write your choice number in the comments, and share your experience with this scenario!
#BTC
Learn about this common trap in trading!
The candle breaks through resistance... you get excited and enter a buy position... and suddenly the price collapses!
This is the "false breakout", one of the most deceptive movements in the market.
In your opinion, what is the best action in this case?
1- Entering immediately after the breakout
2- Waiting for confirmation of closing above resistance
3- Completely ignoring breakouts
Write your choice number in the comments, and share your experience with this scenario!
#BTC
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