Every NextShelf setup comes with the same three parts. Knowing all three before you trade is what turns a signal into a plan.
- The trigger: a 4-hour close outside the hub.
- The aim: the next shelf (or the ATR target).
- Where you're wrong: a 4-hour close back inside the hub. The breakout didn't hold, so the reason for the trade is gone.
Why "wrong if" comes first
Most losses get big because there was no exit planned. If you decide in advance that a close back inside the hub ends the trade, you never have to decide under pressure.
The time limit
Breakouts that work tend to move within days. NextShelf gives each one 10 four-hour candles (about a week). If it hasn't reached the aim or failed by then, it's marked as timed out. Money stuck in a trade that's going nowhere can't be used for the next setup.
Key points
- Trigger, aim and 'wrong if' are decided before the trade.
- A 4-hour close back inside the hub means the breakout failed.
- Each setup gets about a week (10 four-hour candles).
Check yourself
You bought a breakout. The next 4-hour candle closes back inside the hub. What does the plan say?
Educational content only, not financial advice. See today's setups in NextShelf →