: A valid top formation is characterized by a "bearish M" where the Market Maker attempts to trap buyers at a high before reversing.
For further study, you can find detailed breakdowns in community resources like Scribd's BTMM Handbook or CliffsNotes BTMM Guide . Steve Mauro, BTMM Setups Flashcards - Quizlet btmm steve mauro part05 trading zone and rul top
The high and low of the Asian session establish "perceived" support and resistance that dealers later manipulate. The Trapping Sessions: London Trapping Session (LTS): : A valid top formation is characterized by
Identifying a "top" in the BTMM method involves looking for specific signatures at the peak of a Level 3 move. The Market Maker operates on a predictable schedule
Traders are taught to identify high-probability areas where institutional "traps" typically occur.
. The Market Maker operates on a predictable schedule to induce retail volume. Temporal Zone
Disclaimer: This article is for educational purposes based on the BTMM methodology by Steve Mauro. Trading financial markets involves risk. Past performance does not guarantee future results.