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Fake breakout

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  • Fake breakout

    The continuous rapid increase or decrease in prices after a fake breakout is especially dangerous for traders. It can be difficult to trade when prices stop rising or falling and turn around after again, as traders interact emotionally. So, familiarity with candlestick patterns such as shooting stars and hammer patterns is essential to recognize fake breakout. I learn most of the candlestick pattern from Eurotrader free educational courses.

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