AXP moves and forms new based at every 20$. i.e 90. 112,136,160,180, 200
It took 30-50 bars to move from 1 level to another.
Gap up and breaks 180 resistance after earning report.
MCDX Banker spike settling at 50%
Strong Uptrend, Bullish and Strong Bull.
Plan:-
Wait for pullback to at least close the gap around 180 for trade decision.
Below 179 is tight stop loss. Another option is below 167
It took 30-50 bars to move from 1 level to another.
Gap up and breaks 180 resistance after earning report.
MCDX Banker spike settling at 50%
Strong Uptrend, Bullish and Strong Bull.
Plan:-
Wait for pullback to at least close the gap around 180 for trade decision.
Below 179 is tight stop loss. Another option is below 167
Comment:
Those already in can move SL to below 170
Trade active:
Price move back above 180.
Set 167 as stop loss
Set 167 as stop loss
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