In an uptrend, the price attempts to rally back to the previous peak but fails to make a new high (a "lower high").
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Price breaks below the previous "minor low" (for uptrends) or above the "minor high" (for downtrends). ⚡ The 2B Pattern (The "Fake-Out") In an uptrend, the price attempts to rally
: Only after capital is preserved and profits are consistent should a trader seek extraordinary gains by waiting for rare, high-odds opportunities. Technical and Analytical Methods ⚡ The 2B Pattern (The "Fake-Out") : Only
Sperandeo kept a physical journal of every trade, including a "mood rating" (1-10) and a screenshot of the chart. He reviewed losing trades more than winning trades. He believed you learn nothing from a winner; you learn everything from a loss.