In today’s price action video, I walk through a live bearish breakout trap and reverse setup on the EURJPY daily chart. This was a good opportunity to show aspiring price action traders a very powerful setup that we use regularly in the War Room.

A big thank you to Vasude for posting up this setup and sharing it with everybody in the War Room forums.


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    Although I don’t trade the same timeframe, I’ve noticed that fake breakouts do indeed provide some strong reversal moves in my own style of trading.

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