DislikedThe trendline I have drawn is an outer trendline which connects 3 swing low points. In order to trade profitable I need to see what majority of traders see.
It couldnt have been drawn anywhere because it wouldnt connect CORRECT swing low points. Notice how the PA respects that trendline.
BPC pattern is breakout pullback continuation pattern where PA either retests previous support now acting as a resistance and continues in the continuation direction or after a retest there is only a pullback without a continuation.
I draw trendlines on a setup...Ignored
Do you define every pullback like that as a swing?
Anyways its an interesting way to trade breakouts for sure, the extra confirmation of price direction is nice. The only drawdown would be the bigger stops required compared to entering at the tl again when it comes back, that seems to be the general way people are teached to enter.
Thanks for taking the time to reply, really appreciate it