Pullback As Expected; Long Entry Possible Soon
THE IDEA
Was expecting a pullback in this general area - this has happened. Now we want to see it resume higher versus the previous two days.
THE TRIGGER
Entry will be confirmed once price trades higher than previous two days AND has significant above average trading volume for the day. As long as the market overall is also moving higher or, at worst, moving sideways this should be a solid play.
Was expecting a pullback in this general area - this has happened. Now we want to see it resume higher versus the previous two days.
THE TRIGGER
Entry will be confirmed once price trades higher than previous two days AND has significant above average trading volume for the day. As long as the market overall is also moving higher or, at worst, moving sideways this should be a solid play.
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