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SM Stock Market Method

Don't Short The Second Peak #shorts

TL;DR

Full video: https://youtu. be/7BkdFtk9aiI Don't Short The Second Peak.

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Where this fits in the Confluence Method

This lesson lives in the Stack step of the Confluence Method, where you confirm a key level, momentum and a trigger before a setup qualifies as a trade.

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Full transcript

1 sections

0:00Most double top shorts fail because traders enter on the peak, not the break. Here's the real signal. The second peak isn't the trade. It's just a touch of resistance. The trade is the neckline break on volume after price fails to hold the midpoint. I broke down the neckline break rule on real charts in the full video link in the description.