The "False Candle Trap"

​: Beware of the "False Breakout" (Fakeout).. How does the chart deceive you into buying the top? 📉🚨

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Have you ever bought right after breaking resistance only for the price to plummet violently? This is the "False Candle Trap". Whales raise the price with temporary buy orders to attract "FOMO" before selling their massive amounts to you. The secret is to wait for the "candle close" and retest. Don't rush after every long green candle. Did you fall into this trap today?

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