Hello traders , as price has moved above descending trendline we favour long trades , however there is potential for short continuation also.. wait for break out and trade on retest.. In these articles we post intraday possible outcomes of pairs based on naked trading setup Fake breakout is a classic price action pattern. These setups can best be described as a false breakout from an inside bar pattern They can happen with an engulfing or pinbar candlestick pattern Have a look at the chart above: Price was sitting at the 50% Fibonacci level and formed inside bars Then we got the breakout below the support zone, the...