"Called the bearish breakdown, now watch for the bearish fakeout.
We already got the bullish fakeout that trapped longs, so don't be surprised if we see the opposite here. A flush lower could bait late shorts before price rips back into structure.
Don't chase weakness. Let price confirm whether this is a real breakdown or just another liquidity grab."
We already got the bullish fakeout that trapped longs, so don't be surprised if we see the opposite here. A flush lower could bait late shorts before price rips back into structure.
Don't chase weakness. Let price confirm whether this is a real breakdown or just another liquidity grab."
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.