Flashcards
Complex Pullback Setup
Cards in this deck (3)
- 1CPBA CPB is a complex pullback within a trend environment – either consisting of multiple legs and/or an extended duration.
- 2CPB - Where and Why?When we identify a weakening trend, our principles for future trend direction lead us to expect a complex retracement rather than a simple retracement. We remain alert during this complex retracement for a CPB opportunity.
In addition, a failed PB which does not reverse the trend can set up a possible CPB opportunity.
As always, a trade is only entered if the setup then provides acceptable R:R parameters and a wholesale entry trigger. - 3CPB - Simplified
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- Trading Flashcards on Complex Pullback Setup, created by Mitul Patel on 26/06/2017.
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- Mitul Patel
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