Mind map
Breakout Pullback (BPB)
Map content
Breakout Pullback (BPB)
Context
- WITH Clear TTF/HTF bias
- At a significant HTF level
- A Stall forms on the pullback to S/R
- A SL (SH) /Rejection candle forms above/below the S/(R) level
Entry
- BOF of TTF stall
- BOF of a SL/SH in TTF
- The CURRENT LTF price sequence must show trapped traders exiting their position
Strength/Weakness
- Post-breakout PA shows strength in the breakout direction (Price Acceptance)
Opposition/Trapped Traders
- Those trading against TTF/HTF bias
- Prior trapped: below prior S / above prior R
- TTF potentially trapped candle completed
Other
- Not taken into layered S/R levels (i.e SPACE exists)
Information
- Description
- Trading Mind Map on Breakout Pullback (BPB), created by Mitul Patel on 19/06/2017.
- Created by
- Mitul Patel
- Views
- 4
- History
-
- Created by Mitul Patel · Jun 19, 2017
- Copied by Mitul Patel · Jun 19, 2017
- Rating
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