Trading Bull Channels: Video 45 A, B, C, D & E

Question 1

Broad Bull Trend: Bulls will buy back from a 50% pullback

Question 2

In a Broad Bull Channel Pullback, the pullback usually overlaps the Breakout Point.

Answer 2

No gap means bears can make money in bull trend by betting breakout will soon reverse enough for a scalp.

Question 3

60% of the time when you have trending trading ranges, which are: A Bull channel, that breaks out into another Bucl channel/trading range,…60% of the time Trading Trading ranges reverse and test into the earlier trading range (See Photo)

Question 4

When you have an intraday spike up/strong breakout on the 5-minchart, it is usually a Wedge Top and traders looks to fade the 3rd push up. So you end up with a Spike and Channel Trend. And maybe all the way down to the bottom of the channel.

Question 5

For patterns that last 3 or more days, it’s often better to trade a higher time frame, like the 60 minute chart

Question 6

Video 45C & D shows several different scenarios.

Answer 6