What does False Breakout mean?
A false breakout occurs when the price surpasses a support or resistance level, but does not continue in the same direction and quickly reverses.
This deceives many traders who enter the trade thinking the trend has begun, only to find out that the movement was temporary.
To avoid the trap: Wait for confirmation of the breakout with strong trading volume or a candle closing above/below the level, not just a price touch.
