Tuesday, February 3, 2026

The Widening Pattern That Trapped Traders This Week



The Widening Pattern That Trapped Traders This Week

By Blake Young

 

Everyone loves a breakout. Price pushes through resistance, momentum kicks in, and you jump on board expecting the move to continue.

Then it reverses. Hard.

You get stopped out. The market bounces. You flip long again. It reverses again.

This is the pattern that chews up accounts. It has a name.

I call it the pirate flag.

This week, I watched it form in real time on the S&P 500. I told traders in the session that fair price was not the place to go long. I said take profit, tighten stops, and walk away.

The market dropped 97 points in a single session.

The signals were there. 

Let me show you exactly what I was seeing and how you can spot this setup before it traps you.


 

Here's the thing…

The Pirate Flag shows you trapped traders. Deep Sonar shows you where the big money is actually positioned.

That's the difference between seeing a 97-point move coming and getting crushed by it.

Thursday at 7PM ET, I'm pulling back the curtain on the method behind my $3,300+ TSM capture, $3,900+ PLTR run, and 190% CHWY return. All came from reading what's happening beneath price before it becomes obvious.

New material. One night only. Free.

👉 Save your spot for Thursday




Disclaimer: Neither TheoTrade.com  or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA |SIPC |NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.

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