Lately I have decided that in addition to looking for trade setups based on bollinger band breakout followed by a strong reversal candle, I will also look for setups that are based on bollinger band squeeze breakout. Yesterday the ZTS trade setup that I published was such a trade setup.
The setup for today is similar but for short. Have a look at my new blog post and check the price chart and my reasoning why I decided to take it.
There were almost two weeks with no strong trading setups and it is OK. Trading is about being patient and on time while managing properly the risk. For today I found one trade setup that I consider as a strong one. It is WPZ. Have a look at it here: