MU After hitting the high of 63.42 market pullsback to breakout point of 50.00
The pullback likely would have stopped you out
That pullback also provided a reversal pattern
Depending on your rules most would not have bought that market until it went above the 50 day EMA
Me I would have bought near the 46.64 level anticipating the change in trend
Now that we...
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Meoh Short Trade- Stop 71.30 Entry 68.55 Target 1 63.05 2:1 Target 2 60.3 Target 3 optional trail
Short setup is forming as market retest range highs
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NBIX- ENTRY 90.92 SL 95.01 T1 86.92 rr 2:1 T2 77.01 rr3:4
Short setup is forming as market retest...
BLNK last week had a impulsive move to new 20 day highs.
Since then that move has faced recent selling order flow.
This pattern is a proprietary pattern I develop that I look for to place a trade.
According to the text book its a M top but I have made tweaks to suit me to trade this pattern at the reversal points on the chart.
If there aren't any major gaps on...
