I will be looking for a pullback to the day's open price before the continuation Long. If price can stay above the cyan line and bounce off of it, that will be my entry. I am thinking around 30-45 minutes after the NY open
Note
Note
Today seems to be a ripping short squeeze that I was hoping Friday would be. I hope I can get a pullback after the NY open as it just keeps going without me. Note
This buying is relentless right out of the gate. I mean it is great for my wealth trade I posted earlier as I'm now up 500 ticks. I'm holding that trade to 49,000. I am looking to buy today as a day trade. I am thinking we can go past 40,000 today to about 40,100Trade active
With how relentless the buying is, I don't think I will get a pullback and so will have to buy strength. I bought above the high of the last red 15-minute candle's body. Let us see if it follows through or will I get caught buying up high.Trade closed: stop reached
Just as I wrote that I got no follow through and took me out. I am fast at cutting my losers and keeping losses small. I know my winners take care of themselves. Now to wait for another setup.
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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.