A washout is a sharpo move down in an uptrend. Works best if it is into a KL. This is my 3Min Bolli trade when it’s a long during an uptrend.
TRADE PLAN: strange thing is, that during the testing phase, my 3Min Bolli short made 20% and my longs lost. This doesn’t make sense as the 3Min Bolli Long should trade these wash-outs. I don’t whether this is because of the setup or whether it’s because I miss these trades.