False Break – Support and Resistance Analysis

When is a break not a real break? When it’s a false break! Sometimes the currency pair gets naughtier than just testing a support or resistance level with its shadows as we saw in Figure 11-7 in Invest Diva’s Guide book.

The second point of the IDDA includes constant research for key support and resistance levels. Support and resistance are thought of as limitations for the currency pair to dance freely on the dance floor. All we need to do it to identify the support and resistance and use them to our analysis. If we figure where the pair is likely to stop moving further, we can make a better investment decision.

Support and resistance are two of the most discussed concepts in Technical analysis. They can come in various forms from very basic ones to more advanced and exciting ones.

We look for breakouts so determine the next level to watch out for. However, sometimes the breakouts are fake.

False Break of Support

Look at the example in Figure below.

False Break – Technical Analysis Support and Resistance Example

After testing the support level a couple of times, the prices actually closed below it, getting the traders all excited.

Get my updates. Free.

The pair was probably secretly laughing when it heard the traders behind the computer shouting:

“It broke the level!It broke the level!” After having fun below the support level for just a little bit, the two of them moved back to where they had been before. And guess what? Sometimes a false break is actually a signal that an actual breakout in the opposite direction may come along soon! Those naughty pairs!

Look what happened after the false break in the image above.

False Break of Support Example

After the false support break, the pair found a way to break the resistance. And this time the two of them were not kidding. The market went all the way up to a previous key resistance level after that, and broke it.

Get My Updates. Free.

FunnelHubSupport

2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

November 28, 2025 No Comments

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.

Is Alphabet’s (GOOGL) About To Take the Lead In AI? Google’s Gemini 3.0 – And Berkshire Hathaway’s Surprise Bet – Could Be The Catalyst Wall Street Isn’t Ready For

November 22, 2025 No Comments

After spending much of 2023 and early 2024 trying to shake off the “AI laggard” label, Alphabet (GOOGL) now looks closer than ever to taking the lead in artificial intelligence.

The company has pulled off one of the biggest turnarounds in tech – moving from being doubted to being viewed as a frontrunner for the next decade of AI.

CrowdStrike Stock (CRWD): The Move No One Is Talking About But Everyone Should Watch

November 14, 2025 No Comments

CrowdStrike is one of the biggest names in cybersecurity. They protect computers, cloud systems, and now even AI models. The company keeps growing fast, keeps making moves with giants like Nvidia and Google, and keeps expanding its platform into places most investors are not watching yet.

That is why this blog exists. There is a lot happening behind the scenes with CrowdStrike. Some of it is obvious. Some of it is quiet. Some of it could shape the future of the stock in bigger ways than the headlines show.

Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

November 8, 2025 No Comments

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

October 31, 2025 No Comments

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.

Beyond Meat Stock (BYND) $900 Million Debt Deal News: Lifeline Or Last Gasp Before Collapse?

October 24, 2025 No Comments

After months of steep declines and fleeting meme-fueled rallies, Beyond Meat (BYND) is once again in the spotlight – this time for its massive $900 million debt-for-equity deal. Once celebrated as the face of plant-based innovation, the company now finds itself fighting for survival amid collapsing sales, widening losses, and a heavily diluted shareholder base.