In this video, We talk about other patterns like the Ascending channel, Descending Channel, and Divergence.
I hope this helps us in our journey
Cheers ♥🤟🏼💡
Here's another example of the larger time frame providing plenty of chances on the lower time frame.
A healthy breakout is one with buildup against the level under attack. If we keep probing/failing....and STILL attacking the level from closer and closer, you know where the pressure is.
I'm sure you already use variable size to consistently risk the same % of...
This is a great example for traders of all timeframes to study. I don't really have time for people basing trades on wide zones - that's fine for analysis, but for a TRADE, you've got to see the fight at a specific level. When you draw these correctly, you can get a really great picture of evolving sentiment and balance of power shifts.
Most traders treat...
Here's the setup on the H1.
Apply this to any time frame. If you're using important levels and trading at the right times, most healthy breakouts involve some version of this shape. Strong, confirmed breakout with a clear close past the level, a weak but steady pullback to the level, and then an immediate fail at support-turned-resistance.
This is the type of context shift we're looking for. The breakout bar shifts us from analysis mode to trade hunting....looking for lower time frame, healthy PBSR to risk off a level retest.
See comment for H1 ideal entry.
(These are not trades I took, I'm just building a solid study library and I suggest you do the same).
When you have your eyes consistently at the same important levels (preferably horizontal ones), you'll quickly see the difference between a buildup that creates a powerful breakout vs a breakout fail / trap.
Naked run ups like this can be scary to get in front of, and it's not a straightforward entry, especially if you're executing on the H1. But this is why you...
