Try to really imagine this pattern before it happens, This is the most powerful and common of all the patterns, works great long or short, works incredible at tops and bottoms of moves. We love this in 1 minute and 5 minute time frame
Find obvious XA move, B must have at least a 382 pullback cannot close outside of 618, wicks are ok, think of or draw a box for B pullback
Measure from X anchor to A and back to X
Mark off 1.272/1.414 ext window, Look left for structure, Can consider short here- works better in higher tf 1 hour plus, works great on opening drive (short), can play right off 1.414 ext, wick through and reclaim of box is valid still, close outside is a cancelled pattern
Find obvious XA move, B must have at least a 382 pullback cannot close outside of 618, wicks are ok, think of or draw a box for B pullback
Measure from X anchor to A and back to X
Mark off 1.272/1.414 ext window, Look left for structure, Can consider short here- works better in higher tf 1 hour plus, works great on opening drive (short), can play right off 1.414 ext, wick through and reclaim of box is valid still, close outside is a cancelled pattern
Note
Short at 1.272, Look for pin bat, inside bar, engulfing bar, can enter limit w good structure, tp1 is 382 take 1/2 off adn move stop to entry , (can skip tp 1, do not skip
moving stop!) tp 2 =618 tp 3 =786
786 is flip level, Look for Pin bar, Eng Bar, Inside Bar, low tf 2 618 or even harmonic
Note
Make sure to measure from X to B for targets if short from 1.272 extensionBut most importantly for 618 and 786, be aware this can be 2 618 and a pin bar off
618 best to scale, but watch for fake and quick drop to 786 trigger,
Always look for price action at trigger level, Pin bar, Eng Bar, Inside bar, wick
through and reclaim off 786 w pin bar is UBER bullish, watch for buyers right
against X but realize lower it goes higher fail rate
Note
If watching the dom on hard drop you want to see a pause at trigger level, orders absorbed, but price holds put, good sign it is going to work. The tape starts really
picking up velocity, moves higher w intensity. Make sure targets are drawn before triggerer is hit, No guessing!
Note
trigger^^^*Note
Remember to always look for the butterfly combo, I will attach one exampleNote
Lastly use the 1.272 ext long short w structure only and after really having a fine understanding of the patterns, this side of trade comes w time. use caution w it.
Note
Watch this video after studying this write up ^^^Note
need to really understand the time, 8 x 89 has been under adn then crosses over, using trend lines, structures and important fib levels. This is as professional as it gets wo a doubt. Very few can put it altogetherNote

Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.