I have backtested this strategy AMD numerous times, and it has provided me with the highest accuracy. As shown in the chart below, which is a 1-minute BTC time frame, you can apply this pattern to any time frame. How do you know if this pattern will execute perfectly? There are a few things you need to understand, which are perfectly explained in this chart.
The overall trend of the coin is bullish, but there is a short-term retracement. You can see sell-side liquidity above that remains untapped, and as the coin approaches this liquidity, its movement starts to become sideways. This is the moment when you need to pay close attention to the chart.
After the sideways move, the coin makes a fake move downward, triggering traders to open short positions or hitting stop losses of those already in the market. Once this happens, the coin rapidly moves towards its true target—above, where the untapped liquidity is located—like a rocket.
I hope this explanation makes the pattern easier to understand for you.