SET UP
over selling into the HL DZ
Generally strong stock leading SPY
Bullish stock with recent Higher High
Profit & STP Loss
STP loss below the DZ
Reward to Risk ratio of 4:1
profit target 1 and Profit target 2 reached
- the (W) is in uptrend
Long-term(M) still in downtrend
price correcting to HL (Higher Low) of the (W) weak downtrend
short term uptrend
over selling into the HL DZ
Generally strong stock leading SPY
Bullish stock with recent Higher High
Profit & STP Loss
STP loss below the DZ
Reward to Risk ratio of 4:1
profit target 1 and Profit target 2 reached