Forex Trading Strategies - Trading the False Break Part 2

false break pin bar price action 2ndskiesforex c1

Key Talking Points:

  1. False Breaks Offer Great With Trend Trade Setups
  2. Trading the False Break with Pin Bars
  3. Trading the False Break with Engulfing Bars

In my prior article on trading the false break strategy part 1, I shared the basic definition of a false break, covered what is the price action and order flow behind false breaks, and how we can trade them.

In this article, I will discuss how you can trade them using pin bars and engulfing bars, along with entry, SL and TP techniques.

To Recap What A False Break Is
I generally define a false break as one of the two following scenarios:

  1. A break above/below a prior candle that fails to close above/below that
…... Keep reading