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Stocks & Commodities V. 37:03 (1824): Trading The Fakeout by Fawad Razaqzada
Stocks & Commodities V. 37:03 (1824): Trading The Fakeout by Fawad Razaqzada
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Trading The Fakeout by Fawad Razaqzada
Can you profit from fakeouts? Heres one traders take on how to identify these patterns and trade them profitably.
A false breakoutor fakeoutis by far one of my favorite technical patterns. It is when price momentarily moves above a previous high or below a previous low, but then goes back within the existing range. This happens when there isnt enough demand above the old high, or enough supply beneath the prior low, to help push price significantly in the direction of the break ...
Can you profit from fakeouts? Heres one traders take on how to identify these patterns and trade them profitably.
A false breakoutor fakeoutis by far one of my favorite technical patterns. It is when price momentarily moves above a previous high or below a previous low, but then goes back within the existing range. This happens when there isnt enough demand above the old high, or enough supply beneath the prior low, to help push price significantly in the direction of the break ...
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