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
Double bottom
Sellers had their shot. They failed.
Two holds of the same bid, with a peak between. Confirming close is above that peak.
The cheat
The peak between the lows is the tell. That close is the long. The second low is the invalidation.
It dies if
A third tap that closes through the twin lows is a breakdown. The W is dead.
Size builds a cause in a range, then spends it. Phase C is the last lie — that lie is the entry.