Strategy 14: Booty Reversal Strategy
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Strategy 14: Booty Reversal Strategy
Level: Intermediate
Experienced Instructor
About This Lesson
The Booty Reversal is a reversal strategy that takes advantage of higher time frame consolidation after a wedge formation. It occurs when a stock trends in one direction, then forms a tight consolidation or wedge on a higher time frame like the 15-minute chart before breaking out in the opposite direction.
Downloads
- Extreme Booty Reversal
- TradeBook: Extreme Booty Reversal
Presented by
Brian Pezim
Aiman, now a doctor, first became interested in the crypto market before realizing it wasn’t for him and turning to the stock market. After reading Andrew’s book, How to Day Trade for a Living, he joined BBT in May 2018, spent 8 months practicing on the simulator, and began live trading in January 2019.
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Blueprint to Extreme Reversals
In this course, you will learn to trade Top and Bottom Reversals using overbought and oversold conditions to catch precise price peaks and dips. This strategy stands out because it uses tight stop losses, allowing for larger position sizes and a high potential reward relative to the small risk.
You can download a copy of the presentation in PDF format here.