Ok I did a recent post I’ll link to here as I want to explain the best set up and as always giving your the logical behind trading Now plz reference that link to get caught up.
Now this is how the shark trades this pattern. They don’t! Why? Most fail yet you can make Gains but you have to have good price action skills and not shoot cuz you see a pattern You can draw your trendline around Boi I remember this days I was this way I’m glad that’s the past Now when to trade them you must see momentum in that direction the market should be currently trending in the pattern is made fast n breakout fast as true move happen fast with vol and momentum! Remember this it don’t lingers for days forming. So how will the shark trade this Firstly we are thirsty for the market to feed the guppies give them the baits n let them win as the market has to give them some food as they’ll be a nice full meal later. Get that? Let them win to keep them losing. So we want to see this move breakout higher which will be a better price to sell on and will increase the momentum in the desire direction. Think not. Look at gold ! Now we’ll be ready for a failure at the low also if the move get stopped with an entry below the lowest wick. Well be staying out the middle n leave that for the bait in buying from the extreme as over watchers of the retailers waiting n watching for them get trapped and then we’ll bounce on the move knowing where there sl n sale down into our second entry below the wick as mentioned
Sry this sound brutal but it’s how the game is played
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