Trading False Break Patterns in Forex
['Nial Fuller']
Learn To Trade The Market
This video contains a 4 hour EURJPY false break price action setup trade in which I was short the EURJPY. • After the false break and subsequent move back down past 134.35, price rallied again up to this strong horizontal level, stalled out and showed obvious rejection of this level by forming a bearish pin bar reversal. Price action signal – pin bar reversal at 134.35 – perfect short setup – sell below the low, stop above the high.