GBP CAD 140 PIPS, FALSE BREAKOUT REVERSAL
The graph below shows one of the examples of False Breakouts that take place across the Forex.
As you can see from the Daily Chart of the GBP CAD below, the setup was almost exactly the same as the one above.
(FXCM Used for Chart Signals based on New York Close of Daily Candle)
Trade was made, led to 140 Pips, using 4H Chart...
(Dukascopy, where I have my Live Account, used for Trade Execution)
Exit took place ahead of sharp reversal
- False Breakouts
- Daily Candle Signals
- Entry using 4 H Chart