#ETHRally
🚀✨ Real Breakouts vs False Breakouts ✨🚀
📊 In the world of technical analysis, many traders fall into the trap of false breakouts ❌, where the price breaks a certain level and then quickly retracts, catching reckless buy orders.
💡 The golden rule 🔑: Do not enter any trade unless both of the following conditions are met together:
1️⃣ ✨ Strong rebound from the Bollinger Bands 📈, as shown in the picture, where the rebound is clear and confirmed.
2️⃣ 📦 Large trading volume for the breakout candle, as volume is the fuel that drives the price to continue its path.
⚠️ If these two conditions are not met, know that what you are seeing is often a false breakout and a price trap 🎯, and your money will be swallowed if you rush to enter without confirmation.
✅ Remember: Patience for signal confirmation is more important than jumping at every movement!
📍 The attached image is a clear example of a real rebound that occurred from the lower Bollinger Band with high trading volume, which made the trade highly successful.
📈💎 Smart trading = Waiting for confirmation + Risk management 💎📉
