Retest held with a long wick. Enter or trap?

Price retested the breakout and left a long wick.

Is that your entry, or a trap? Read the wick.

Real gold 4-hour chart. Gold broke above the old high near 4,450.

Then it came back to test it. Look at this candle.

It dipped to 4,451, right at the level, then closed back up at 4,482.

That long lower wick means buyers defended the level.

So enter on the close, with your stop just below the wick.

By August 24, gold hit 4,681.

Now the trap: the wick pokes through, but the candle closes below the level. Skip it.

Save this. Long wick, close above the level: enter, stop below the wick. Close below: skip.

Your turn. Bitcoin retested this breakout with a wick. Buy, wait, or sell? Comment below.

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