Here's a perfect example of volume in volume out. To judge entry on island reversal pattern. Also 1st gap up in a new run is often left behind. 2 TIPs I post about.
Plan was small entry to gap area. 1.75 to 1.85. Take profits and re-enter in gap area for gap fill and next resistance. 1.90 to 2.30.
Closed my larger entry EOD yesterday for another 10%. A little early. Plan was 2.30 next resistance. But happy with gap fill, after this stall. 1.90 to 2.15.
Back on strong watch for continuation for next possible continuation from 2.30 to 2.55 top resistance.
Check this chart. The more you see something happen, the more you can rely on it !
Note: trades were at resistance and/or gap points. Like a single bottom bounce play.
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