Looking at the NAS100 15 minute chart from today, there appears to have been opportunities for good entries with profit potential. The first Bullish Big Shadow candle is prominent, and provided the best high probability set up, as we can see how it played out. The second candle, not as prominent. But, common to both:
1. Each candle engulfed the prior bearish candle.
2. Each candle closed at a point closer to it's high.
3. Each candle printed in a zone.
4. Each candle was followed by a bullish candle that triggered the Buy Stop entry point.
1. Each candle engulfed the prior bearish candle.
2. Each candle closed at a point closer to it's high.
3. Each candle printed in a zone.
4. Each candle was followed by a bullish candle that triggered the Buy Stop entry point.
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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.