The 3Min Bolli setup is such a clear and easy trade that it makes sense to add risk to it. The ideal second entry is made after the first trade is STE, but this doesn’t have to be the case
The example shown here isn’t the best because my SUP 1 was not accurate as it should have been at the Fib level, but the principle works anyway.
The second chance 3Min Bolli sets up when price hits a KL while outside the 3Min Bolli and then:
- breaks the TL that caps or supports the (fast) move into the level
- Or, breaks the compression that forms in reaction to the level (away from the the KL – otherwise it’s an H-C-B entry)
