Two Reasons to take the Trade: Top of TR / Reversal Bar
Once there was a reversal bar at the top of the trading range, the market could have been putting in its high of day, however, after a large gap up on the day and turning up after testing the prior day day, odds favored a third push up.
Should have realized the gap up was the first push up for the day, and the push up from the test of the prior day high was the second push up, which would have made me more aware of a third push up inside of trying to short in the middle of the wedge pattern.
Two Reasons to take the Trade: Failed Low 1 / Strong Bull Reversal Bar
After taking the loss on the low 1, a failed signal can be a signal and immediately switch to long on the strong reversal bar.
First profit target would have been hit.
volatile i play momntum at the open .
i manage trade veru will this time.
momuntum trade looks very good but i get out early
stock drop about 0.10cent and go up to my stop.