Speaking of head fakes

Was that Euro ascending triangle an easy call or what?

 Euro currently taking a dip, $1.30 coming up fast.

Here's that ascending triangle (bullish); turns out it was way too obvious, we called this head fake before it happened. In green, the breakout, the tactic is to sucker in the longs and then dump the Euro trapping longs, it's like a bull trap.

This is why technical analysis is so dangerous unless you know what to look for, then it becomes predictable.