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When the 3Min Bolli fails, look for an Impulsive-Corrective structure

< 1 min read

The entry on the 3Min Bolli was too fast and just missed out on +10 – I had missed the triangle break so it looks like I was a little too rushed to get into this trade. Waiting for the exact level and some red would have saved a loss.

But that aside, RES 1 fails to hold back prices and instead presents a perfect Impulsive-Corrective entry. From the PA, I already know that the level is active and getting in a few points below the level means that I am less likely to get slipped on the entry.

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When the 3Min Bolli fails, look for an Impulsive-Corrective structure
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