1. we start with a gap up, showing buyer power
2. a return to fill the gap at 3
3. the genesis of the buyers that defeat sellers from #2 ,
establishing #4 as a higher high and #3 as a solid low
4. sellers enter here, defeating the solid low at #3 and returning
to below the gap up
* my thoughts were a bit bullish initially , this is generally where
the bullish jump began ...
* also I can see the case for sellers, especially after the
defeat of #3 with a violent selling bar
* if sellers go below #1, I will sell,
* if buyers push above 5, I see alot of open space to the top
* indicator used is a free chaos theory indicator available on my scripts
2. a return to fill the gap at 3
3. the genesis of the buyers that defeat sellers from #2 ,
establishing #4 as a higher high and #3 as a solid low
4. sellers enter here, defeating the solid low at #3 and returning
to below the gap up
* my thoughts were a bit bullish initially , this is generally where
the bullish jump began ...
* also I can see the case for sellers, especially after the
defeat of #3 with a violent selling bar
* if sellers go below #1, I will sell,
* if buyers push above 5, I see alot of open space to the top
* indicator used is a free chaos theory indicator available on my scripts
Trade closed: target reached
stop got as we entered during a minor pullback, but we went straight to TP on the second downward move.
for trading mentorship and community, message me on telegram : jacesabr_real
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
for trading mentorship and community, message me on telegram : jacesabr_real
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.