This Fakeout Breakout Could Be Our Biggest Win Of This Week

Chart, Trading, Courses, Forex, Analysis

Image Source: Pixabay


Are you seeing all these conflicting signals tonight?
 

We’re bullish on the tick charts, but still bearish on the 60min…

I’ll bet that confuses people tomorrow, and this Fakeout Breakout could be our biggest winner of the week!

This new range we saw this afternoon… that’s the key!

Ranges love to rotate, and if we play this correctly, there could be easy winners on both sides of this market tomorrow!


E-Mini S&P (ES):
 

  • Emini is bullish into a range, in an overall bear market, telling me to sell bull traps above the range, and buy bear traps below it, focusing on trading the rotation back and forth tomorrow morning.


E-Mini Nasdaq (NQ):
 

  • Nasdaq is short-term bullish and long-term bearish, telling me to sell bull traps as we go higher, then look for ways to buy bear traps on the dips tomorrow morning.

Video Length: 00:29:13


More By This Author:

It’s A Trap: These Range Traps Could Be A Huge Payday
Short The Bounce: This 2-Leg Pullback Could Double Our Profits
This Breakout Pullback Might Be Easiest Money All Week

Disclaimer: Join our Free Trading Course. Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not ...

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