Replies to post #31090 on OPTIONS TRADERS CO-OP

[d-k]

TSLA 15 min price bars around 2:00 pm. Yes the 2:00 pm green price bar was larger than previous green bar and top exceeded 12:45 price bar. On a larger scale it looked like a "W" bottoming formation. I should have looked closer and mentioned them.

The price bars have several patterns, simplest is perhaps doji, Which happened to Tesla after opening 30 min. 30 min volume bar shrunk from 15 min volume bar with a doji indicated Put opportunity is coming and next 15 min bar confirmed it with a large red volume and price bar. But other indicators where not giving clear direction. I believe at that time you have to look at 5 min for better view of what is happening.

I need to study other candle stick patterns, to know how to use them effectively.

You can reply after hours if needed as I don't want you to take time off your trading.