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Is this breakout holding or just a liquidity sweep? #7430

HedgeWave - 17 days ago - 323 views

For me the key is invalidation. If price breaks structure and cannot reclaim the level, the long idea is gone and I stop trying to force it.

Curious how others are reading this, especially on the higher timeframe.
I am not treating the first touch as an automatic entry. The plan is to wait for a close, then watch whether the retest accepts above the level or rejects back into the range.

Good point, I would still wait for confirmation.