Always consider taking the very first pullback after a structural change, such as change of trend, confirmed breakout or confirmed reversal from a support or resistance area.

first pullback after structural change

And a similar example from the same day…

first pullback after structural change

1. Structure!!!

2. Break of structure.

3. First pullback against the break of structure.

It's no Holy Grail. As always you need to read the environment correctly.

Sometimes there will be losses.

And sometimes there will be missed trades…

first pullback after structural change

Keep your focus on the longer term stats (as discussed here).

Maintain a good read on the structure of the market.

And consider trade opportunity whenever the market provides a first pullback after structural change… provided you can get in at the right area… and at the right risk.

Happy trading,

Lance Beggs

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