Avoid Fake Trendline break #forex #shorts

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You can avoid trendline fakeout or false breakout by watching good market structure levels!
Once price breaks the previous low/high after breaking the trendline, then that is likely a Break of structure BoS/CHoCH and price may now reverse after a retracement
But if it fails to also break the previous tap, then we may see a probable trend continuation.

#trendlines #fakeout #BoS #priceaction #forex #avoidfakeout #breakout
#tradingtips #falsebreakout
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When Price broke trend line there was a double top pattern
And it's neckline wasn't broken
So it's neckline acted as support.
And then it was bull rectangle

ayushayushyago
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this is the thing which brings me here to confirm a doubt, when i did my market research many times i used price action combined with smart money concept, everything was going perfect but just one thing was stopping me every time which is a fake medium trend line break, and then i realised that every time that fake trend line break out doesnt break the last touched swing with the trend line which is the last tap as you called, and now i have cleared my doubt thank you buddy, love from india

Lovmaticc
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you have to wait more confirmation like pullback, there are only two confirm, break, retest... at least you need 3 confirmation

badakml
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Best to wait until price breaks lows on this setup

Revoswathead
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It's not the trend line but the angle of the trend. 🤫

jazminhumphrey
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Candle stick didnt close below the low so it wasn't a break of structure

Ceejayfx
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your trendline is too steep therefore your trendline is wrong

MagaMusketeers
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No analysis works. It’s luck. Let’s be honest. Join me to know the truth.

traderfx
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