DislikedKotlt, are you saying the drop is a fake setup? Or, are you saying that miniscule rise before the drop was a fake? You are not clear. We must ALWAYS BE PERFECTLY CLEAR! Ok?
If you are suggesting the run down is fake, I disagree. That looks like a genuine selloff to me. However, later the FO/LO might move the price back up before another selloff.Ignored
Fake setup mean if we sell, our SL may hit first.
Keep Simple...!