#HumanityFirst โ
How do you know if the break is real?
1. ๐ธ Strong break candle:
The body of the candle is large and clear.
It closes outside the support or resistance (not just a wick).
Example: For a break at 116,000, there must be a candle that clearly closes below 116,000.
2. ๐ธ High trading volume:
A real break often comes with an increase in trading volume.
If the break occurs with low volume โ it might be a fakeout.
3. ๐ธ Successful retest:
After the break, the price returns to test the broken area (support or resistance).
If it fails to return above (in the case of support) โ the break is confirmed.
We call it "retesting" or retest.