fakey

ThePipAssassin

EUR/USD has displayed bullish characteristics over the last couple of weeks. - We have reach a high in the market @ 1.095. - This high was made after a bullish A,B,C,D pattern aka (Trend). - In bullish markets, prices tend to find support at the previous high, the previous high in this market (To me) is @ 1.085. - We currently have made a bullish pin bar...

UnknownUnicorn393254

EURUSD: Bearish Fakey Setup Price Action: Price sold off from the recent Bearish Fakey Setup that had formed just under the 1.1482 – 1.1523 key resistance area, late last week (We suggested selling from this setup in the February 11th Newsletter). The recent Potential Bullish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some...

MrDigger Updated 

I see: 1 - Pinbar 2 - EMA crossing 8/21 3 - Formation of pattern @Fakey (False Breakdown) on 50% Pinbar Going lower, then a quick recovery

Joe-Man

I believe it is just retesting the channel then it is going to fall back down. For now it is faking a buy

makuchaku

Who wants to bet that RTY (Russel) is setting up for a liquidity run on those juicy equal highs? If that's the case, this could be short term bullish but then bearish.

MrDigger

4H - Diver 1D - Fakey

yinfire

About this forecasting, it's the first time I try to apply Canada's Bazi Chart to forecasting about the finance of this country during June 2020. Let see what happen on the next 6 hours - a few days 🤓

Emmanuel_Ailen

Hello Traders, Channel on the GBPJPY is still valid after a fakey in price action in the last couple of candlestick. Price has currently formed a Bullish Engulfing candle on the support of the channel confirming channel validity. Entered a long position for 1:2 Risk Reward. Regards. Note: This is not a financial advice, it is for informational purpose. @julzey

hoangbip99

Fakey setup. Go short right now

minhdang3264 Updated 

Current: South Pattern: Bearish Fakey at Resistance Sell stop as when pattern activated Stoploss and Target on Chart RR~2.2

CO2_Strategy

Buy AUDUSD until the upper trend line.

CO2_Strategy

Gold look for long,after those fake break low. Price action break the support and no force to push it down and go above the support means this support still work. Buy to the next resistance above.

minhdang3264 Updated 

Buy at 1.25333 SL: 1.24874 Target 1: 1.26000 Target2: 1.26737 RR = 3.6 ~5

minhdang3264 Updated 

Expecting to form a new trend! Let's see if that pin bar does anything before going Long.

minhdang3264 Updated 

I see many SELL signal in Daily and Weekly chart! 6/7: Waiting for sell signal to come --> Expect time to form signal: 8-9 (2,3 days) Maybe set a Short now TP to Target 2 so now let's have a look at this - Effect of the waiting signal: + break from zone and then go down to Target 2! (+++) Or + Fakey false break, and then go up(++) My...

minhdang3264 Updated 

Willing to hear your opinion on this! Target and Stoploss on chart.

Angelos_Trader

Price is cosnolidating and a fakey setup has been formed.Sellers are trying to push prices lower but it seems the pin bar buy signal within the coiling inside bars might push prices higher.

PriceActionTracker Updated 

False Break Out Pattern detected Potential move to the upside expected Preferable to wait for a break of the 1.5144 to confirm bullish sentiment 1st management point : 1.5169