FOREX THEORY
How to Trade Fakeouts
Chart Patterns (Part 3)
When the pattern
experiences a false breakout, prices will usually rebound. Traders who have
sold the downside breakout or who have bought the upside breakout will have
their stops triggered when prices move against their positions. This usually is
caused by the institutional traders who want to scrape money from the hands of
individual traders.
 When the pattern experiences a false breakou...){kind=link}
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