📊 Breakouts & Fakeouts — Know the Difference
Support and resistance give us the “battle lines.”
But here’s the catch: not every breakout is real.
🔑 Key signs of a real breakout:
• Strong volume confirms demand.
• Clean close above/below the level, not just a wick.
• Retest holds — price bounces on the old level like new support/resistance.
⚠️ Fakeouts usually show:
• Weak volume.
• Quick reversal back inside the range.
• Traders trapped chasing the move.
👉 Lesson: Don’t rush in on the first candle. Let the chart prove itself.
💬 Ever been caught in a fake breakout? Share your story.
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