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Part 5 - Break of Structure

There are 3 types of break of structure patterns. Type 1 occurs when the real body breaks above the shadow or wick of the previous candle. Type 2 takes place when the real body breaks the body of the previous candle. Type 3 is when a wick breaks above the high of the previous candle's wick. The document expresses a preference for type 1 patterns as they provide the most information.

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213 views3 pages

Part 5 - Break of Structure

There are 3 types of break of structure patterns. Type 1 occurs when the real body breaks above the shadow or wick of the previous candle. Type 2 takes place when the real body breaks the body of the previous candle. Type 3 is when a wick breaks above the high of the previous candle's wick. The document expresses a preference for type 1 patterns as they provide the most information.

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Crypto Bitcoin
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Break of Structure

Created @August 25, 2021 1:41 AM

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So we have 3 types of bos.

So type 1 when we use the wicks as to mark our high, so that is the high and type 1
is when the body is breaking the wick. This is the one that vertex prefer.

Break of Structure 1
So type 2 is when we the body is being broken by the body. Now personally for use,
we don´t like that we prefer type 1, because the candles hold a lot of information, we
prefer having this one, but this is still a bos, so we can ignore the wicks as long as
the body breaks the body.
The reason why we don´t like this type is because wicks have a lot of information.

Break of Structure 2
So type 3 is a wick break, now I hate this ones but its up to you. So we have the wick
high and then its broken by this wick and if we think about it from this perspective
that is a bos for some people.
The reason why we don´t like this one is because we know when we get a huge wick
like this we know the sellers are taking over, so this is basically seen as a rejection.

All this type of bos are valid, but we prefer type 1.

Break of Structure 3

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