DislikedHey Moly
Welcome to the thread
Yes that can be a sign of a false breakout. Notice that IB is trading into that price flip(PPZ) that you marked in blue). Price may now want to test the lowr box(the other blue line you marked). A bit more advanced though for being new, but good observation none the less
Welcome again to the thread
MikeIgnored
so for make sure about my breakout to down wait for the close under the down line?
my pending orders sit to this marked blue lines right ?
Investing is SIMPLE but NOT EASY