Don't you love such patterns. I show them on my charts daily. These work so well. Just remember how to place your stops, entries, exits and adds. These are the 4 variables you need. Love it
These are the best fade charts, where the gap opens much higher. The chances of it coming back to support is good if it breaks the 1st 5 min bar and shows weakness. Like such patterns. If this had opened at the support, even if it breaks the 1st 5 min, one has to play on confirmation, not at open.
This is a daily and weekly chart. Love the pattern here. Holding the 200 day moving average this will do good. I like the swing play right here. Check out the charts for entry and stops.
I played the morning on this chart. Today was a profit taking day for TSLA, but the afternoon was playable too with another big drop. Love this chart. Hope someone was able to profit with the sellers,. The selling is always a snow ball effect, where one sells and more join.
This could have been played at open only because last day was a big red day and above 60 support was a risky start. Start small and add to your position raising your stop is how one should play this. Check out the charts on where to enter, add , raise stop and exit based on the 5 min chart
This was an awesome play this morning, look at the perfect 5 min 1st bar and how cleanly it was formed, any small pullback or consolidation/ stalls etc on this was a perfect opportunity to enter and manage your trade on the 5 min chart
