fake breakout in nifty50, price first come down to the previous day resistance, then... respect to the intraday resistance. but then not come down, instead of goes up and make a spike candle as a breakout. but not sustained and price fell down to the breakout.
it become false breakout.
always buy on breakout after a pullback to support.
it become false breakout.
always buy on breakout after a pullback to support.
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