A continuation trap with a defined destination
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A breakdown-continuation structure, a trap and a defined destination: the inside-month low.
Times are as recorded in the trade notes.
NAS was in a breakdown-continuation structure, with the inside-month low as the destination.
My recorded setup was BD Cont LHF: a continuation opportunity after the market trapped buyers.
I entered at 10:10 after the continuation trap. The target was the inside-month low, rather than an open-ended bet on how far the market might fall.
The target was reached after 20 minutes. My recorded result was +140 points / +4R.
The useful sequence is the structure, the trap, the entry and the destination. The completed chart makes the move look straightforward, but the target and trigger are the parts to study.
About this example
Times follow the owner’s trade notes as recorded; no clock time zone has been inferred. These charts were captured after execution. Their later indicator state does not establish every reading at entry.
Selected educational example from TC’s own trade record. Results are owner-reported, not independently audited, and are not representative of typical results. Trading involves risk. Past performance does not predict future results.
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