DislikedThe term "head fake" is not coined by me. It is commonplace in markets. It refers to a move which passes previous H/Ls, looks like a possible breakout move, and turns out not to have been one. Such moves take place not because the market is itching for a breakout, but because the market is actually trying to get better prices on a position it is building for a move that will take place later, and in the opposite direction. If you look at historical PA on any pair, you will see often that before a really good run in one direction, there was first...Ignored
My chart have doji in GU 4 chart. Wait GU short setup??? Let wait LO.
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