Breakout, Pullback & Candle Basics #ChartStudy
Candle Whisper: How to read the 3 most powerful signals
1. Long wick = rejection or trap
2. Engulfing = trend reversal hint
Doji near support = indecision before bounce
Master these = master entry timing.
Breakout or Fakeout? Use volume as your signal!
Breakouts without volume are traps. Wait for strong volume + retest of breakout zone = confirmed move. Protect your capital, trade smart.
Pullback = not panic, but opportunity
When price dips 10–20% after a pump, it’s a healthy pullback. Watch the previous breakout area—if it holds = re-entry zone.
Buy the pullback, not the hype!
Simple trick to catch early breakouts
Use 1hr or 4hr chart. Mark resistance + wait for candle to close above with strong body. That’s your signal. Add volume = 🔥
Wick Psychology: Who’s in control?
Long upper wick = sellers pushed price down
Long lower wick = buyers fought back
Use this info with support/resistance to time entries!
