Initial high setup: 1. Price puts in an initial pivot. 2. Time...
Luckshury@Luckshuryy
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Apr 23, 2025
~1 min read
1
Initial high setup:
1. Price puts in an initial pivot.
2. Time passes, allowing for stops to generate above pivot high.
3. Price stop hunts initial high [breakout longs enter also].
4. Reversal occurs.
Note - this works with an initial low also.
Below is an example ↓
1. Price puts in an initial pivot.
2. Time passes, allowing for stops to generate above pivot high.
3. Price stop hunts initial high [breakout longs enter also].
4. Reversal occurs.
Note - this works with an initial low also.
Below is an example ↓