Nope, price broke out then crashed. That long wick trapped every buyer who chased it. Traders call this trap a Breakout fakeout. It fakes strength just before reversing. See the wick poke above resistance while the body closes back under. Wait for a close that actually holds above resistance.
Learn this setup step by step: https://thenojoblifestyle.com/web-stories/breakout/
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Not financial advice. Trading involves risk and you can lose money.
