Price broke below support then shot straight back above it. This trap is called a false breakdown. It fakes a breakdown to trap sellers. Watch the wick dip under support then the close jump back above. Set your stop below the wick and wait for confirmation.
Learn this setup step by step: https://thenojoblifestyle.com/web-stories/false-breakdown/
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Not financial advice. Trading involves risk and you can lose money.
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