You're only going to catch this type of continuation if you avoid making it part of your repertoire and routine as a mindset as a trader. You do not try to pick tops while the market's going up, you don't do it. You simply do not do it. It's far easier for you just to simply submit to the idea that it wants to go higher, so trade in that order flow. Don't look at patterns trying to capture market reversals because they're going to run right over top of you.
🧠Old Highs and old Lows are part of the PD array Matrix, month 4 of CC. When we are bullish and price comes down to an old high we expect it to act as support and trade higher.
Retail will see that Bull flag pattern and will try to go long.
🧠Basically, a buy program is when the market is under an algorithmic price delivery or price run that's repricing higher. It's not a classic bull market; it's not a trend. When the algorithm is looking for higher prices and it's spooling and running higher we refrain from trying to pick tops, no matter what pattern you think exists in price action, no matter who you love and worship online, whatever they say, avoid it. I promise you if you do that, you'll spare yourself a lot of losses.
ICT tweeted that he expected that they will use the Retail Sales data to drop in and then rally higher. This goes against the Retail traders idea of Bull flag.
So the market drops down at 9:30, which creates a Judah swing. This market protraction in the opposite direction to what retail would expect, it goes down, creates a short-term little low, rallies up, and then dives one more time creating LL. That is absolutely beautiful because that sets the trap for every trader out there that thinks that the bull flag was going to pan out then and now they want to catch this low down here, then they get stopped out. That immediately scares ninety percent of any retail traders. They won't get along, they don't want to go along. Now they're scared, they're going to get stopped out, and they don't know what to expect.
We know that this A-B-C is the bullish breaker.
We also know the 3 Drives pattern is a topping formation, but not in trending markets.
The people that try to use the 3 drives pattern to catch the top will eventually get hurt.
