True support and resistance?

Excellent questions, fry2010. The reason you are struggling with breakouts and bounces is that you are treating support and resistance as strict, thin lines. In reality, big institutional players look at these areas as zones of high liquidity, not perfect lines.
Here is the psychological and order flow breakdown of what happens around these levels:

1. The Psychology Behind "Fakeouts": When price approaches a key resistance level, many retail traders place sell orders just below it and their Stop Losses just above it. Institutional whales know exactly where these Stop Losses are hiding. They push the price slightly above the level to trigger those Stop Losses (which are buy orders), absorbing that liquidity to fill their own massive Sell orders before reversing the market. That's why you see price break the level and immediately smash through the other way.
2. What's Going On With Orders?: Think of support and resistance as battlegrounds of supply and demand. A true support zone is packed with large buy limit orders. When price hits the zone, it doesn't just bounce on a pip; it "creeps" or consolidates while those big institutional orders are being filled (absorption phase).

How to trade them effectively:

1. Stop drawing single lines based on a single candlestick wick or high/low. Start drawing zones/boxes using higher timeframes (like 4H or Daily) to capture the overall order block.
2. Never trade the initial touch blindly. Always wait for naked Price Action confirmation (like a clear Pinbar, Fakey pattern, or Engulfing candle) inside your zone. This proves that the big orders are actively defending that area.