3 Delicious Weekly Trading Setups

The Yum-Yum continuation pattern uses range expansion to confirm break-outs that continues the trend.

Learn: Yum-Yum Continuation Pattern

Traders of this pattern must buy at the top of a bull trend and sell at the bottom of a bear trend. For intrepid traders only.

Yum-Yum patterns on weekly charts are opportunities to scale into an investment position. Unfortunately, you won’t be lowering your average cost.

1. Yum-Yum Pattern on COL Weekly

  1. COL has been trending upwards.
  2. It just broke out of the earlier swing high with a strong bullish bar.
  3. The range of the break-out is higher than its 10-period average.

To trade this Yum-Yum pattern, buy as price breaks above this wide range bar. The break-out must take place within the next three weeks.

2. Yum-Yum Pattern on CTAS Weekly

  1. CTAS is in a bull trend, which is a requisite for a continuation trade.
  2. Two weeks ago, CTAS started the up swing with a bullish reversal bar.
  3. The wide range break-out bar confirmed the bullish momentum and completed the Yum-Yum pattern.

3. Yum-Yum Pattern on DTV Weekly

  1. DTV is in a clear upwards trend.
  2. The recent pullback started forcefully with a bearish outside bar. However, this outside bar failed as price continued higher.
  3. Moreover, the break-out bar was a bullish trend bar with a wide range. This sturdy break-out bar is the signal bar of the Yum-Yum pattern.

Learn: Trend Trading Strategies

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