patterns work more in crypto, in forex market you usually use the ict concept b/c the price is greatly affected by session (asian, network,London) know the difference ๐๐๐
Flux Bro
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"FAKEOUTS EXPOSED: How to Avoid the #1 Mistake That Kills Your Trades ๐จ๐"
Ever entered a trade only to see price reverse and leave you hanging? ๐คฆโโ๏ธ Fakeouts are the silent killers of your profits, but not anymore! Here's the ULTIMATE FAKEOUTS CHEAT SHEET to spot traps and trade smarter. ๐โจ What is a Fakeout? ๐ค A fakeout happens when price breaks key levels (support/resistance) only to reverse quickly, trapping traders. Big players (institutions) use this to hunt stop losses and grab liquidity (LQ). ๐ฐ How to Spot Fakeouts Like a Pro ๐ฏ 1๏ธโฃ Understand Liquidity Zones (LQ): Fakeouts often occur at key levels where liquidity is resting.Liquidity = Stop Losses or Pending Orders near:Previous highs/lows ๐Support & resistance zones 2๏ธโฃ Fakeout Types (Identify These Patterns) ๐ โ Fake Rejection #1 Price breaks a level aggressively but fails to hold.Look for:Sharp rejection (candles close back within range).Volume dropping near the breakout. โ Fake Rejection #2 Second attempt to break the same level fails again.Key Tip: Double rejection signals trend reversal or continuation. 3๏ธโฃ Common Fakeout Scenarios (Examples for You!) ๐ Uptrend Fakeout ๐ผ:Price breaks above resistance but reverses.Why? Big players grab liquidity above highs before dumping price.Downtrend Fakeout ๐ฝ:Price sweeps below support but bounces back strongly.Pro Move: Enter on confirmation of reversal with a tight stop. 4๏ธโฃ How to Avoid Falling for Fakeouts ๐ซ Donโt Chase Breakouts: Wait for candle closes and confirmation.Watch Volume: Breakouts with low volume = high fakeout risk.Use Multiple Timeframes: Fakeouts on lower timeframes look like noise on higher timeframes.Look for Retests: Real breakouts often retest the level before continuing. 5๏ธโฃ Smart Trader Tips to Beat Fakeouts ๐ง ๐ก Set Stop Losses Wisely: Place SLs below support or above resistance to avoid traps.Trade Fakeouts (Pro Strategy):Wait for rejection โ Enter trade in the opposite direction.Be Patient: Donโt jump in; wait for confirmation. Let the fakeout play out. Key Takeaways ๐ Fakeouts = Liquidity Traps set by smart money.Recognize Fake Rejection #1 and #2 for high-probability trades.Use volume + multiple timeframe analysis to filter real moves from traps. ๐ฅ Ready to Stop Falling for Fakeouts? Save this cheat sheet and spot those traps BEFORE they happen! ๐ฏ ๐ฌ Have you ever been trapped in a fakeout? Share your experience below! ๐ ๐ Tag a trader who NEEDS this guide and letโs master the markets together! ๐๐ฅ
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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