The Only Breakout Pattern I Trust; Range Market Strategy
We’re back in the action after the Holiday Weekend, and with our favorite markets trading sideways inside of ranges, my focus is trading breakouts on Tuesday morning…
But wait – I’m not talking about the breakout patterns you see in the popular trading books – nope – because my favorite breakout is a FAILED breakout, and tonight’s video will show you why… let’s get started…
E-Mini Buyers Would Love to Get Long Off the Low of this Expanding Triangle…
E-Mini S&P is bullish with a Spike & Range pattern; this tells me the most reliable buy setups will likely be underneath the range around the edges of the expanding triangle…
Crude Oil’s Wide Range Tells Me to Wait for a Wide Failure to Buy below the Low…
Crude Oil is bullish into a wide triangle/range; the bullish momentum tells me to buy below the range, while the triangle tells me to focus on the “edges” for the best entry setups.
Buyers Would Love Another Chance to Buy Below the 1785 Swing on Tuesday…
Gold is bullish into a narrow Spike & Range; this tells me to look for buy setups below the range, ideally below the previous swing-low at 1788.4, or a 123-breakout if the buyers try making a run for the measured-move target overhead.
