๐How to benefit from the false breakout instead of falling into its trap?
The lesson that transforms you from a confused trader to a professional trader.
๐The false breakout is one of the most common tricks that new traders fall into, but professionals see it as a golden opportunity to enter from the best point.
๐กHereโs how to smartly deal with the false breakout:
1. Do not enter immediately after the breakout
When support or resistance is broken, wait. Donโt be the first to enter.
2. Watch for a quick return
If the price quickly returns inside the previous range, there is a strong likelihood of a false breakout.
3. Wait for a confirmation candle
Did a strong reversal candle appear after the return? This is your opportunity.
4. Enter after confirmation, and the target:
Targeting the other side of the range often gives you an excellent risk-to-reward ratio.
5. Avoid the true breakout
In a true breakout, the price continues after the breakout without hesitation or return. Learn the difference through practice and observation.
๐กThe false breakout is not an enemyโฆ but a disguised opportunity.
#FalseBreakout #PriceActionTips #SmartTrading #CryptoEducation #BinanceFeed
๐ญTitle of the next lesson:
How to read liquidity in the market and enter before the price explosion?
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