These are strategies that can help you avoid becoming a victim of Fakeout!

Rushing to buy the breakout only to see the market reverse leaving you stuck at the top is the nightmare named False Breakout. This is a strategy to avoid making the same mistake again.

🔹 Intentionally pushing price past resistance to trigger FOMO then dumping heavily to trap all chasing crowds at the peak

🔸 Real breakout needs huge Volume and decisive close while Fakeout is often just long wicks sweeping through and rejecting quickly

🔹 Absolutely do not rush but patiently wait for price to return and test the broken level to confirm safety

🔸 Fakeout is essentially a liquidity Stoploss sweep helping Market Maker fill order at good prices before the real move

You are often a victim of Fakeout right?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.