The Liquidity Trap - Penke's Quests

Quest: The Liquidity Trap

Campaign: 0 / 6

You see a strong resistance level, and price is approaching it fast. Twitter is buzzing about a breakout, and retail traders are getting ready to long on the breakout candle.

🚨 What do you do?

A) Wait for confirmation. If price closes above resistance, enter on a retest. B) Enter immediately, breakouts move fast, and you donu't want to miss it. C) Check order flow, are there hidden liquidity pools above resistance? D) Go short right away, every breakout is fake. E) Buy aggressively, momentum is strong, so its best to enter fast.

Reward: +10 XP 0 0 25

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