Failed Breakout: Spot the Close Back Inside the Range
Summary
Hollow Point Trading shares an original animated short explaining how price can break above resistance and then close back inside the range. The video highlights failed follow-through and the importance of watching the next price response without treating it as a guaranteed decline.
https://youtu.be/_mNsMVk2KwA
Breakout Failed? Watch the Close Back Inside the Range #Shorts
Price can push above resistance and then return below it. A decisive close back inside the range is evidence of failed follow-through. Watch the next response; the chart does not reveal every trader’s position or guarantee a decline.
Original Hollow Point Trading animation using an illustrative price sequence and HPT narration.
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