Strong trend An activity in between a rotation centre and breakout which faded out.

Strong breakouts which faded out doesn not means to go counter-trend immediately An Intraday activity always start with slow movement and it could be a part of accumulation as I have present here couple of chart which had strong background and it was quite obvious that stops has to given away before next rally.

First of all I would present you the chart of last week which shows strong momentum out of rotation centre accumulation, which was "faded Out" Immediately.

Trader p$ychology is tells the mindset to trade logic and breakout which faded out was there to go against the breakout but It is not the way we should approach every faded out move.

Let's take a look at the example, First!

Pound has done the same activity as shown in the above chart !

Here it could be another intraday opportunity waiting ? because price has continously moving upwards of its opening levels, and that is the crucial thing to now what background tells and whether value is moving with price or now

So, its worth to calculate you stops levels or look for momentum to enter and get out if it fades out quickly, but this type of momentum does had a carry till the end of the day or another day.