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  • 1 day ago
Price snapped right back under that level. Because that breakout candle was a trap. Traders call this a False Breakout. It breaks out then reverses hard the other way. Now look at the wick pushing back through resistance. That's why smart traders wait for the next candle to confirm.

Learn this setup step by step: https://thenojoblifestyle.com/web-stories/false-breakout/
Rather not scan charts all day? See how AI can trade for you, free guide: https://thenojoblifestyle.com/?src=dailymotion

Not financial advice. Trading involves risk and you can lose money.

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