Your breakdown is actually solid—and more importantly, it fixes the biggest mistake traders make in
Your breakdown is actually solid—and more importantly, it fixes the biggest mistake traders make in these conditions: forcing a bias when the market hasn’t chosen one yet.
That candle structure you described (long upper wick + long lower wick + small body) is basically a textbook indecision/liquidity sweep candle. It’s not a signal to enter—it’s a signal to wait.
Where I’d push your thinking a bit further is this:
You’re right that both sides got taken out—but the next move usually comes from which side fails on the retest, not from the candle itself.
Here’s how I’d refine your plan for BSBUSDT 👇
1. Treat the wicks as liquidity zones, not signals
Upper wick = buy-side liquidity (shorts trapped above)
Lower wick = sell-side liquidity (longs trapped below)
Price will often revisit one of these zones again before the real move.
2. The real confirmation isn’t just structure—it’s acceptance You mentioned:
“breakdown below support” for shorts
“close above wick” for longs
That’s good—but add this: 👉 Does price ACCEPT there or reject immediately?
Because fakeouts will:
Break → then snap back quickly (trap)
Real moves will:
Break → consolidate → continue
3. The highest-probability trade is usually AFTER the trap Not during it.
For example:
If price sweeps above the upper wick again and then dumps back below → that’s your clean short trigger
If price breaks above and holds + builds structure → that’s your real long
4. One thing you didn’t mention (but matters a lot): volatility compression After a candle like that, the market often:
Goes sideways
Tightens range
Then explodes
👉 The breakout of that compression is usually the safest entry—not the initial wick candle.
Simple way to think about it:
Right now = liquidity war zone
Next phase = range / compression
After that = real directional move
So yeah—you’re absolutely right to reject the “only short” mindset.
But the real edge isn’t just “wait”… it’s wait for failure or acceptance at those wick zones.
If you drop the chart, I’ll mark:
Exact invalidation levels
Where traps are likely
And where the cleanest entry sits (not just possible ones)