
Valerka π΅π£π©
@valerymaxx
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286 Followers
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Hello, friends!βΊοΈI trade in the Vooi
@vooi-app terminal https://app.vooi.io and I told you about the level breakout pattern. Now let's look at another pattern, the false breakout! This is a very cool tool in trading and it is important to know about it.
This is very reliable and profitable tools, especially in crypto market, where emotions, weak liquidity and aggressive price manipulation often dominate. This is a situation when the price temporarily breaks through a level, but fails to consolidate and abruptly returns back!
In simple terms, it means: the breakout was caused by speculators, stop losses, or low liquidity.
The "crowd" took the bait, and the big players went in the opposite direction. Large players (or algorithms) can "collect" liquidity behind the level, then reverse the market. 1 reply
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