Long

MSFT - Why I took swing calls overnight -how I predicted the gap

Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.

More analysis like this to come! Stay tuned!

Happy Trading :)

TraderDaddyOG

Partner & Managing Director
TraderDaddy | The Forex & Options Trading Academy
One-One Trading Mentorship
TheTraderDaddy.com

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