Breakout Pullback (BPB)

Breakout Pullback (BPB)

1. 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

2. Entry

   • BOF of TTF stall
   • BOF of a SL/SH in TTF
   • The CURRENT LTF price sequence must show trapped traders exiting their position

3. Strength/Weakness

   • Post-breakout PA shows strength in the breakout direction (Price Acceptance)

4. Opposition/Trapped Traders

   • Those trading against TTF/HTF bias
   • Prior trapped: below prior S / above prior R
   • TTF potentially trapped candle completed

5. Other

   • Not taken into layered S/R levels (i.e SPACE exists)