Pattern school
What the tape is drawing
Elliott, Wyckoff, Power of 3, and the named setups — same story in four dialects. Open a card. The diagram is the lesson. The cheat is what you do. The kill line is when you are wrong.
Elliott wavesMarkets breathe in fives and give it back in threes. Wave 2 is the trap. Wave 3 is the meat.
WyckoffSize builds a cause in a range, then spends it. Phase C is the last lie — that lie is the entry.
Power of 3Accumulate in a box. Raid one side (the Judas swing). Expand the other way. The raid is the setup, not the breakout.
Named patternsA sketch until the neckline, rim, or wedge floor does the confirming close. Until then, it is not a trade.
Named patterns
Descending triangle
Sellers keep hitting the same bid.
A flat low (the ice) and a falling series of highs. Confirming close is through the flat low.
The cheat
The flat low is the ice. When it breaks, do not catch it. Bounces into the old floor are shorts.
It dies if
A close through the falling lid is a squeeze, not a breakdown. Cover.
Markets breathe in fives and give it back in threes. Wave 2 is the trap. Wave 3 is the meat.