Today I want to share this powerful setup and ideas how to trade it. They do not occur to often especially on the higher time frames, but when they do, it is a really good setup with high risk reward ratio. Requirements for this pattern to qualify are pretty simple. There has to be 2 consecutive higher highs and 2 consecutive lower lows. Connect those points with a trend line and look for a next touch. This will be the entry point, of course confirmed by a price action. Very often You will have…