A single candle can reveal the entire whale plan to you...
But you have to read it differently! 🤔
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🔹 What is a false candle?
• A long candle that exceeds a support/resistance area
• Contains a large upper or lower shadow
• The close should be within the range, not above or below it
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🎯 When does it appear?
• After a long accumulation
• Or after a sharp upward/downward trend
• And often before a sudden movement against the trend
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📌 How to enter based on it?
1️⃣ Wait for the “Fake Breakout” candle
2️⃣ If it closes within the range → reverse entry signal
3️⃣ Stop: directly above/below the shadow
4️⃣ Target: the middle or beginning of the range
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📊 Practical example:
• $ETH at $3,570 broke resistance
• A long upper shadow candle appeared + a close within the range
• After 30 minutes: a quick drop of -2.3%!
💬 Type “🕯️ Fake Candle” and I will show you live examples of its precise use
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