Shorting Breakdowns on Bearish Patterns
Prices trend up, down or sideways. We profit from directional longs or shorts using recognizable patterns that speak to us about the direction of prices.
Master Trader’s Technical Strategies (MTS) foundational analysis of trend, support, and resistance don’t change, but what influences them (the market environment) does.
Our approach starts with a compelling Setup. Then we see “where” that Setup is in connection with the overall trend and support/resistance on MTF.
The power of the Master Trader “Price Void” eliminates 90% of poor setups.
In this Trade Review, we are going to show you how to trade an initial compelling Breakdown with Price Void to profit from our bearish bias.
Below is a daily chart of Bausch Health Companies Inc. (BHC) - VIDEO REVIEW:
Using Bar-by-Bar Analysis, you will know what any price pattern signals — even one that can tell you to do nothing.
The VIDEO will explain the Correct Breakdown trades as well as interpreting price action.
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