I just watched some material from Rob Booker, very interesting setups!
Tried to find a what he calls a #monstertrade and found one on the Tesla weekly:
- 3 missed monthly pivot points
- declining volume
- divergence
Only missing; the exhaustion candle.
So will be monitoring Tesla closely to see if this develops next week.
Tried to find a what he calls a #monstertrade and found one on the Tesla weekly:
- 3 missed monthly pivot points
- declining volume
- divergence
Only missing; the exhaustion candle.
So will be monitoring Tesla closely to see if this develops next week.
Comment:
This week has the potential to print an exhaustion candle in combination with an island reversal...
Comment:
Weekly Candle developing nicely, two short days would mean a go.
Comment:
Weekly candle is going to end in the top of it, continuation of the bullish trend is to be expect.
Monitoring continues.
Monitoring continues.
Comment:
The weekly candle to finalize this setup is almost there!
Things must turn very quickly and else it’s a confirmed short setupX
Things must turn very quickly and else it’s a confirmed short setupX
Comment:
Trade is developing nicely and with a week close low in the candle, next week could be even better.
Comment:
Trade is still going strong, sl moved to break-even.