This is the easiest pattern to spot in 2021, meaning in previous cycles, after the price broke the uptrend of the trendline, you just needed to enter a trade on the day of the breakout and place a stop loss at the nearest bottom.
I remember finding this formula and winning many trades from the market.
This is one of the most unusual patterns in this cycle.
The market has changed, and market makers have shifted their mindset after spotting these patterns, no longer following the pattern's sequence, as you've seen with the price continuously creating false breakouts.Deceiving traders who use patterns or rush into placing orders.
No one else but me is one of the biggest players; I only think about what to enter a trade when the price breaks through.
And then a series of losing trades piled up on my account, and the old trading methods seemed to have stopped working.
I also know that these deceptive schemes are created by my family to lure victims, but now they're being too blatant, openly and transparently preying on others.
And I also don't know if I was too hasty or if my methods were wrong; could everyone please give me some feedback?