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Two-step pattern setups are not as common as my regular Fibonacci price cluster setups or my symmetry setups. I see one in Visa (V). A two-step is essentially a price cluster setup but within the context of a zigzag pattern. This means that there will be the coincidence of at least three Fibonacci price relationships within the pattern. In this case, there are actually more than three (maybe seven), which tells me that this is an important price decision. Don't mistake "important decision" for "it will definitely hold." This is the setup. The two-step pattern cluster in V comes in between the 153.05-155.39 area. If price continues to hold above this level, I will look for buy triggers for a swing trade on either the 15- or 30-minute chart. (For more information on how to trigger into a trade, please refer here.)

What also supports this stock on the buy side is the fact that it is above both the 50- and 200-day simple moving averages. If this general zone holds, the initial upside target comes in at the 164 handle. If this same support is violated, I'll be out of this stock. Remember, the best way to make money with my work is with the following formula: Setup + trigger = trade entry and then manage. Also, don't forget NTNT (no trigger, no trade). Keep a sharp eye on this key zone in V and take an entry if triggered. The risk-reward ratio is healthy....72 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.