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
Inverse head and shoulders
Graduation is the neck, not the first bounce.
Left shoulder low, deeper head, higher right shoulder. Neckline through the two peaks. Confirming close is through the neck.
The cheat
The right shoulder is often Wave 2 / the spring. The neckline close is Wave 3 starting. Target is neck plus head depth.
It dies if
A right shoulder that makes a new low is not inverse H&S. The wash is still on.
Markets breathe in fives and give it back in threes. Wave 2 is the trap. Wave 3 is the meat.