Now, let's take our current knowledge of the green wick trend line along the Renko Wicks and get a bit more aggressive.
We can still take the Fig 4 entry at the fractal breakout but instead of taking a conservative profit at the 1:1 level, we can hold on to
the trade until it finds an opposing E line, an opposing 2B pattern or a wick trendline break.
We can also add trades from each brick in the E S leg of the wave.
Have a look at the next chart and then go back over your charts and look for opportunities like this.
Important point: If you are labeling the SETUP patterns you will find the P U leg is the first E S trade in a sequence.
Try and find those SETUP patterns and their P U bricks. See how those can work to your advantage, especially with the multiple trades and the targets that the market determines, rather than the fig 4 1:1 target.
We can still take the Fig 4 entry at the fractal breakout but instead of taking a conservative profit at the 1:1 level, we can hold on to
the trade until it finds an opposing E line, an opposing 2B pattern or a wick trendline break.
We can also add trades from each brick in the E S leg of the wave.
Have a look at the next chart and then go back over your charts and look for opportunities like this.
Important point: If you are labeling the SETUP patterns you will find the P U leg is the first E S trade in a sequence.
Try and find those SETUP patterns and their P U bricks. See how those can work to your advantage, especially with the multiple trades and the targets that the market determines, rather than the fig 4 1:1 target.