Private Trader, LBRGroup

Linda Raschke

Trading the Test Reject Pattern

There tends to be an increase in volume and volatility around previous swing highs and lows. Sometimes the price action leads to a breakout from a chart formation or trading range. Other times it can form a Spring or Upthrust, as Wyckoff called these "test and reject" spikes. What does one look for to determine if the market is going to stay in a trading range environment, or, if it is ready to breakout? The false breakouts can be sharp and spiky but offer good risk reward for a mean reversion trade. This webinar is going to concentrate solely on this one pattern and provide some helpful guidelines as to supportive indicators, initial risk points, and what to play for.

Click here to get your free ticket, and join us January 22, 2020 from 08:00 pm - 09:00 pm ET.


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