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Rarely does the 2B breakdown pattern appear; when it does, it's a great opportunity.
2B can go against the trend, but counter-trend trading shouldn't be entered immediately upon seeing it. Three conditions must be met: first, the trading direction should align with the larger cycle trend while opposing the smaller cycle.
If the major trend is bullish, look for long opportunities; if the major trend is bearish, seek short opportunities on the smaller cycle.
Second, the pattern should be at the end of a cyclical trend, such as a three-wave or five-wave small trend.
Finally, it should be at the terminal consolidation phase— the longer the consolidation, the better. The core of the 2B pattern is thorough switching between bulls and bears, followed by liquidity clearing, then a quick breakout, leaving no room for counter-trend or missed opportunities.
It must appear very quickly; the faster, the higher the success rate. Ideally, within one candlestick, two or three at most.
This pattern has a very high upside potential and a good risk-reward ratio, so it’s worth paying attention to.