If all setups were to qualify in one of three categories, the options being

either with-trend, non-trend or countertrend, then the patterns we

have discussed so far—DD, FB and SB—are unmistakably with-trend
ventures. They not only acknowledge the presence of a trend, they try
to capitalize on its continuation as well. And that makes sense, if you
thinkofit.Althoughopinionsonitsdefinitionmaydifferwidelyacrossthe board, the love
for the trend in general is quite universal. Almost
any trading method will incorporate at least a couple of clever withtrend plays to
hop on or ride out a good move.
Unfortunately, as any chartist will surely admit, things seldom
materialize in the most desirable way. Many times there is a lot of pulling
andpushingandbackingandfilling,eveninaveryvisibletrend,andthis often ruins the
possibility of using the classic with-trend setups to
get ourselves in position. It is all part and parcel of the trading game.
However, in many such instances, the opportunities are not necessarily
lost and with a little luck and patience we may just be able to pull a nice
trump card from our sleeve: the multipurpose Block Break setup (BB).
This setup comes in many shapes and forms and we would probably
not do it justice if we were to casually generalize on its appearance. A
most simplistic description would be to characterize the pattern as a
cluster of price bars tightly grouped together in a narrow vertical span.
Preferably, the barriers of this block of bars are made up of several