In the video below, I am going to show you one of my favorite continuation price patterns.
Continuation patterns signal exactly what the name suggests, the continuation of a prior move. These patterns come in different variations, but this one is a favorite.
It has high odds because of the attempt for prices to negate the prior starting move.
That attempt failed on Tuesday. which confirms the bullish implications of the starting move since buyers are lurking below and willing to step up on a dip.
Since that happened Tuesday, we will be ready to take advantage of the setup in the Green Room — if it follows through Wednesday and triggers long.
In the video, I’ll explain the setup in detail and what to look for to trade it on your own.
[s3mv fileName=’May+Letters+2018/1234+Pattern_5_8_18.mp4′ fileType=’video’ source=’s3′ width=’800′ height=’450′ splashImage=” preLoad=’Y’ autoPlay=’N’ belowVideoHTML=” cuePoint=” redirectURL=” pauseAtCuePoint=’N’ isSecure=’Y’ bucketname=”]
Join Dan and me in the Green Room tomorrow where we will take this setup when it triggers.
MasterTrader and You Building Your Financial Future Together
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Trading the Pristine Method — Origin and End
Dan Gibby
Chief Options Strategist
