Sentences with phrase «trade this breakout continuation»

We'll use the ANTSSYS method to trade this breakout continuation.

Not exact matches

Normally, I like inside bars as trend - continuation breakout plays, but in certain situations they can be used counter-trend, something I explain much more in - depth in my price action trading course.

Below, you can see some examples of recent inside bar breakouts and a multi-bar fakey pattern that led to a trend continuation and provided savvy price action traders a low - risk and very high reward potential trade entry...

The trading idea is based on a breakout above the local swing high and continuation of the main uptrend.

Below, you can see some examples of recent inside bar breakouts and a multi-bar fakey pattern that led to a trend continuation and provided savvy price action traders a low - risk and very high reward potential trade entry...

In that case, the breaking out of that range is both a breakout trade of the lower range and a continuation trade of the larger trend.

An inside bar is best traded as a trend - continuation pattern on the daily chart, they can be thought of as «breakout» plays and can provide very good risk reward potential to jump aboard a trending market as it resumes its movement after a brief pause or consolidation.

Please note that this should ONLY be tried after you have successfully mastered trading inside bars in - line with the daily chart trend as continuation / breakout plays, as we discussed above.

I will not enter a bearish breakout trade with this set - up as it is clearly a bullish continuation pattern.

The cleaner more obvious trade to watch for right now is a breakout above last week's highs and then continuation above the April highs, which will trigger the cup / handle shown below.