Btmm Steve Mauro Part05 Trading Zone And Rul Top 'link' Official

But Part 05 is where the theory ends and the real execution begins.

Price touches a major historical resistance level. It forms a long-wick rejection candle on the 1-hour or 4-hour chart. Do not sell yet. btmm steve mauro part05 trading zone and rul top

Price has moved from the Trading Zone (Basin) up to a new high. You see a classic "Bump and Run" pattern. But Part 05 is where the theory ends

The next candle opens inside the wick of the rejection candle (The "U"). Immediately, price breaks below the low of the "U" candle (The "L"). This triggers a cascade of sell stops. btmm steve mauro part05 trading zone and rul top