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SM Stock Market Method

The Bullish Pullback #shorts

TL;DR

Full video: https://youtu. be/Z5INUbqfpYo The Bullish Pullback.

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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 price action and structure, a trigger and a key level before a setup qualifies as a trade.

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Full transcript

1 sections

0:00It looks like the trend is dying. The falling wedge is when it's really resting. A falling wedge is two downs sloping trend lines converging. Lower highs and lower lows, but volume drying up as it tightens by the close above the upper trend line. I walked through the falling wedge breakout and the volume tell on a real chart in the full video link in the description.