I find this pattern and the time is near to trade it, obviously short. See the chart Below.
How you know if this can be works Octavio? Honestly... I don't know if this works, but I face a oportunity with low risk and probability to my side. So, I trade it following my strategy. I not have problems if this not works and simply, I pull the trigger.
Why I entry short? Because at this time many novice traders try to follow the trend because they identify a break out upside. But the main reason is: I identify a oportunity and take it.
I show you my entry criteria in the chart below. 1hr. Is a good level for me to entry.
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