Look at the whole story. You asked me on Feb 5th. Now look at the data before that
That breakout was actually the breakup of the previous resistance on Nov 6th. So once the resistance is broken, it becomes Support. Look how well it maintained the support. Not only that but it clearly maintained the long term uptrent that started on Nov 16th. So you had 2 confirmations,
1. The support at $20.90
2. The Uptrend.
Where you made the mistake was not to let the candle close or ignore it on Feb 5th. Hena?
That breakout was actually the breakup of the previous resistance on Nov 6th. So once the resistance is broken, it becomes Support. Look how well it maintained the support. Not only that but it clearly maintained the long term uptrent that started on Nov 16th. So you had 2 confirmations,
1. The support at $20.90
2. The Uptrend.
Where you made the mistake was not to let the candle close or ignore it on Feb 5th. Hena?
