The Fakey Pattern (Inside Bar False Break Out) The Fakey pattern can be best be described as a “false-breakout from an inside bar pattern”. The Fakey pattern always starts with an inside bar forextrade.cf price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey.

Note the market was clearly pushing higher just prior to the formation of this Fakey. Next, we are looking at an example of a counter-trend Fakey. Fakey patterns can be traded in trending markets, range-bound markets or even against the trend form key chart levels. When price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey pattern.

Price Action Strategies

The Fakey Pattern (Inside Bar False Break Out) The Fakey pattern can be best be described as a “false-breakout from an inside bar pattern”. The Fakey pattern always starts with an inside bar forextrade.cf price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey.

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