Analysis

Trading the fakeout and Silver analysis: [Video]

The fakeout or a false break is by far my favourite reversal pattern. Knowing how to identify such setups can be very rewarding if traded correctly – hence the saying that from false breaks come fast moves in the opposite direction.

You can learn more about this on Investopedia so I won’t bore you. Instead I have created a video on silver to show you exactly how this pattern looks like and how you could trade it. So without further ado, here it is:

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.