Wait for confirmation: a close beyond the level, follow-through, and volume. If none of those show up, you're probably looking at a fake.
Technical Concepts
Breakouts and false breakouts
Every level attracts orders on both sides. That's why so many 'breakouts' are actually engineered wicks that reverse immediately.
6 min read
Educational content. MySmartFXSignals provides decision-support and education. Nothing here is financial advice or a trading recommendation. Trading FX carries significant risk of loss.
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