Key Concepts for Winning Negotiations
1️⃣ Escape Basics
📈 Price breaks resistance = bullish signal!
📉 Price break support = bearish signal!
2️⃣ Support becomes resistance (and vice versa)
🔄 Price tests previous levels (e.g. broken resistance becomes support).
Example: Break above $100, retest at $100 → strong buy!
3️⃣ Higher Lows + Resistance = Breakout
🟢 Chart setup:
Price forms higher lows while pushing resistance → strong momentum buildup!
🛒 Look for a clean break above resistance for a buy signal.
4️⃣ Lower Highs + Support = Breakout
🔴 Chart setup:
Price forms lower highs while testing support → bearish pressure.
🚨 Wait for the support to break to confirm a sell trade.
How to Surf Rogue Waves Like a Pro
Step 1: 🛠️ Registration rules:
Enter a long position on the 50% pullback of a bullish pin bar.
OR after confirmation of break + new test.
Step 2: 📏 Stop-Loss Strategy:
Initial stop below the low of the pin bar.
Trail Stops: Move below each day's low to lock in profits!
Why do larger gaps = larger breakouts?
🟩 Larger ranges → More accumulation
The price moves sideways for a long period.
🔥 Breakouts after longer consolidation are stronger and last longer!
Pro Tips for Timing Uppers and Lowers
Tops: Watch for exhaustion patterns – multiple failed breakout attempts.
Bottoms: Look for reversals at important support levels with bullish patterns (e.g. pin bars, morning stars).
Practical examples
Escape configuration:
Resistance at $150 → Break at $155 → Retest of $150 → Entry!
Detail configuration:
Support at $120 → Break at $115 → Retest of $120 → Entry!
Conclusion:
💡 Master these simple yet powerful patterns to capture big moves while managing risk like a pro. Whether it’s higher lows breaking resistance or support turning into resistance, timing and discipline are key! 🕒