Hi all,
I know, is not the right time window, but in this situation looks like that the reversal should work...
reason for the trade:
- gap down on the open (statistically the gap should be filled...)
-increasing volume on down price
-stoch oversold
- VZO bounced from -60 level (other oversold signal)
- very close to the -2/8 MM
- climax bar before enter
we shall see....
I know, is not the right time window, but in this situation looks like that the reversal should work...
reason for the trade:
- gap down on the open (statistically the gap should be filled...)
-increasing volume on down price
-stoch oversold
- VZO bounced from -60 level (other oversold signal)
- very close to the -2/8 MM
- climax bar before enter
we shall see....
brax64