FOREX THEORY
How to Trade Fakeouts
Chart Patterns
Chart patterns are physical groupings of price you can
actually see with your own eyes. They are an important part of technical
analysis and also help you in your decision-making process.
Two common patterns where false breakouts tend to occur are:
-Head and Shoulders
-Double Top/Bottom
The head and shoulders chart pattern is actually one of the
hardest patterns for new traders to spot.
However, with time and experience,
this pattern can become an instrumental part of your trading arsenal.
0 comments