This would likely be a daytrade or 1-2 day swing when this transpires anyway.
If I miss out on the reversal, it's better than entering too early.
One strategy is to enter slow, but that can be detrimental if you don't know what that means and if you don't have discipline.
Also there's a h/s on the 4hr candle-chart. So I'll wait.
Look at my AMZN short from yesterday. Paid well and hit targets. Puts are at least +100%.
If I miss out on the reversal, it's better than entering too early.
One strategy is to enter slow, but that can be detrimental if you don't know what that means and if you don't have discipline.
Also there's a h/s on the 4hr candle-chart. So I'll wait.
Look at my AMZN short from yesterday. Paid well and hit targets. Puts are at least +100%.
Comment:
Always good to track your trade on the lower timeframes and look for patterns in or against your favor.
Here's a mini inverse head and shoulders:
Here's a mini inverse head and shoulders:
Comment:
Took DT profits +30% on target 2. Still think this will continue into tomorrow.
Comment:
Target 3 achieved.
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FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
I cloned the TL to show that there's a possibility of a fakeout to the cloned TL.