As what you all have already known, I am a big fan of the Fakey setup as this is a strong signal which follows a strong movement day after.
From yesterday's session. the USDCHF Forex pair has formed a fakey bar by easily erasing the losses made during yesterday's Asian session. For those who do not know, Asian sessions are mostly 'fake' movements. I need not broaden my reasoning for entering this trade as saying it formed a fakey bar is enough.