#4 PP setup, is this a fake breakout?


#1

In the training video for #4 PP setup, it is explained that sometimes the breakout will be preceded by a fake break out, larger VAD, burning itself out, or less VAD, weakening and turning around (please correct me if I’m wrong). Is this an example of larger VAD on a fake breakout prior to turning around? The first low and lower low VAD was about the same, but it closed lower than the previous low and with double VAD vs the preceding bar. Also, would this be a proper #4 entry?