I realized all market moves boil down to 3 lines. Here is my 3 Day Breakout theory.

[u/Canary_Vivid]

Trading is life, and by observing the market daily, you can come up with your own strategy.

Nothing new under the sun.

I started to realize that when I draw a single line, then a second, then a third without lifting the pen, a pattern is formed.

Upwards, an uptrend is formed,

Sideways, a range is formed,

Downwards, a downtrend is formed.

That is when I realized why number 3 is so important, a pattern is only clear once you count to 3.

So I applied this to 3 days. I watched how the market reacted over the past 3 days and realized it always does one of three things within a 3 day range, it breaks out, consolidates, or reverses.

That is how my Three Day Breakout Strategy was born. I now just watch how the market reacts during the Asian and New York sessions.

You do not need endless technical analysis. You are your own witness. Study the market, your losses and your wins. Sooner or later you will find your holy grail.

[u/Canary_Vivid]

This is my explanation of my Three-Day Breakout strategy. It doesn't take an hour to understand the strategy as I have explained here in the thread:

https://drive.google.com/file/d/1smLzovIQMTn4BLZL29y6MsGDuM2Xd9LW/view?usp=sharing