Avoid Fake Breakouts: Wait for Candle Close at Swing Points! 📉💡 #TradingTips #ForexTrading

1. Confirmation through Candle Close: Waiting for the candle body to close at key swing points allows traders to confirm the true direction of the market, as premature breakouts might only be liquidity grabs that quickly reverse. A closed candle indicates sustained buying or selling pressure.

2. Avoiding False Breakouts: Breakouts that occur before a candle closes can often be deceptive, as they may just be short-term spikes to trap traders and trigger stop-loss orders. By waiting for a full close, you reduce the risk of falling into these traps.

3. Identifying Liquidity Grabs: A quick move beyond swing points followed by a reversal is often a sign of a liquidity grab, where large players push prices to collect liquidity before reversing the market. Waiting for confirmation prevents you from entering trades too early in such scenarios.