Pre market looks bullish and it fits with the day trade engulfing strategy i have posted before. Risk is 1 to 1 so i insure no more than 2% of trading capital risked (or gained). (Limit order as could gap on open.)
As thought gap on the open. (was able to get long position to target from small pull back trading 5min chart.) This trade now closed. A daily close outside this wedge will give a long term trade direction will create post if i take a trade.