This is a breakout pattern that everyone and their dog will be able to see. Therefore it will be loaded with buy orders on the high-side. These buy orders will get filled, and the market will now be saturated with those same traders sell orders.
This may lead to a reeeeally sharp downturn.....the double-false break, or a break to the low-side is what you really want.
There's your chance for a second entry!
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Awesome reply , i got it ,i learn a lot with explanations like this , a big upvote and follow !
I'll give you a follow too..always happy to chat about trading!
Good luck and have a very above average day!