ESCORTS - SHORT - Fakey Pattern
ESCORTS couple of days before had a false breakout for inside bar
The Fakey pattern can be best be described as a “false-breakout from an inside bar pattern”. The Fakey pattern always starts with an inside bar pattern. When price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey pattern.
source
Trade Setup on charts
I have kept the SL to min - but people can use 50% of last bar as SL
Happy Trading
The Fakey pattern can be best be described as a “false-breakout from an inside bar pattern”. The Fakey pattern always starts with an inside bar pattern. When price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey pattern.
source
Trade Setup on charts
I have kept the SL to min - but people can use 50% of last bar as SL
Happy Trading
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went til 1099 today , lets see whats stored for tomorrow
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