 a false-break of a level can be thought of as a ‘deception’ by the market, because it looks like price will breakout but then it quickly reverses, deceiving all those who took the ‘bait’ of the breakout. it’s often the case that amateurs will enter what looks like an ‘obvious’ breakout and then the professional’s will push the market back the other way. amateur traders or those with ‘weak hands’ in the market will tend to enter the market only when it ‘feels safe’ to do so. this means, they tend to enter when a market is already quite extended. false breakouts occur in trending markets, range-bound markets and against the trend. selling is the trend. 🩸☠️