Bear Sandwich Breakout, WHAT!?
Fancy names are just that without the proper understanding of the price action behind them – useless fancy names!
Have you ever found a perfect Breakout Setup and didn’t pull the trigger out of fear of the Breakout failing?
Of course, we all have.
The key to trading any trade is having a high-probability Setup, not just any Setup. And that means having as many traits (i.e., “clues/tells”) to give you the confidence that the stock or ETF will move as the Setup suggests.
We are pattern traders on all time frames and all instruments. Our approach applies similarly.
We’re going to show you a compelling Breakout Setup that we trading two types of option trades on and how we used what we have coined a Bear Sandwich to make this a compelling “no-brainer” Breakout with Multiple Time Frame (MTF) alignment.
At Master Trader, we've discovered an approach that could change the way you view Setups – regardless of the fancy names -- for maximum gains on their way towards their target. Intrigued?
At Master Trader, we have several criteria to define quality setups based on the structure of the price pattern using Master Trader Strategies (MTS), which we will discuss in the video.
Also learn how to detect the “Tells” which give you confidence that the Setup will not fail and move towards the intended target on the time frame being traded.
Whether you're a seasoned trader or just starting out, our strategies can help you trade Breakouts -- and manage them -- with more confidence and less fear during retracements.
For More Information about our advisory letters, see https://MasterTrader.com/Letters.
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Nice trade with easy management which generated great returns on two option trades!
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Thank you gentlemen for the continued weekly trade recommendations and education. Just hit my first $100k (while on active duty - Army). Absolutely love your strategies and I hope to be a member for years to come!
ERIC C.
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