The "pullback confirmation short" strategy after a failed breakout
Logic:
Many false breakouts will first surge with high volume beyond key levels, but are quickly pulled back into the range. If it is a true breakout, the price should stabilize; if the breakout cannot be maintained, it indicates that the long positions are trapped.
Approach:
Price breaks through key resistance with high volume
Retraces below the resistance within 2–3 candles
Volume significantly decreases during the pullback
Short when the pullback ends and weakens again
Stop loss: High point of the false breakout
Key point: High volume ≠ success; being unable to hold is the key.