How to Trade Fakeouts
Trend lines
The SPEED of price movement is also very important.(Part 2)
How do we fade trend line breaks?
It’s very simple actually. Just enter when price pops back
inside.
This will allow you to take the safe route and avoid jumping
the gun. You don’t want sell above or below a trend line only to find out later
that the breakout was real!
Using the first chart example, let’s point out possible
entry points by zooming in a little
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