Steve Mauro is a stickler for rules. A pattern without confirmation is merely a gamble. When trading the RUL Top in the context of Part 05, the following rules are paramount:
The RUL (Resistance Under Low) is a specific BTMM pattern used to identify the re-entry point after a manipulation (trap) has occurred. It is essentially a "lower high" formation that signals the downtrend is resuming after a fake move up. btmm steve mauro part05 trading zone and rul top
In a bearish scenario (after accumulation has completed and price has moved up): Steve Mauro is a stickler for rules
| Retail Mistake | BTMM Solution | |---|---| | Buying a breakout above RUL Top | Wait for the fakeout and rejection first. | | Shorting inside the Trading Zone | Enter only at the RUL Top (resistance) or RUL Bottom (support). | | Placing stop loss too tight | Place stops beyond the fakeout spike, not the candle body. | | Trading the first touch of RUL Top | Let the MM show their hand – wait for a clear reversal pattern. | It is essentially a "lower high" formation that