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FAKEOUT TRADING in Trading Systems_67f83ac065b44

FAKEOUT TRADING

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fakeout is a technique that pays attention to significant support and resistance lines and then a false breakout candle occurs, that's where we will open a position if there is confirmation. most traders are stuck in this condition if there is a break of support or resistance they immediately open a position without waiting for the confirmation of the next candle first. For more details, let's look at this picture as the opening topic



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#1 - June 28, 2021, 09:09:36 PM
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« Last Edit: August 04, 2024, 03:54:59 PM by Admin »

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I think it's important to remember that not all false breakouts lead to a strong reversal. Sometimes the price will make a small fakeout first before resuming the main trend. Therefore, in addition to candlestick confirmation, it's also important to pay attention to the overall market context, such as the dominant trend, volume, and previous high and low structure.
#2 - February 01, 2026, 11:33:47 PM

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need to confirm the signal before opening a position, to minimize false signals
#3 - February 12, 2026, 02:00:19 PM
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need to confirm the signal before opening a position, to minimize false signals
Indeed, confirming signals before opening a position is an important step to minimize false signals which often cause losses, especially in market conditions with unclear direction.
#4 - February 12, 2026, 11:49:33 PM

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