#TradingTips
VPA 101. Confirmation of price waterfall. Note small spread candle w high vol, preceded by widespread candle w high vol. MMs selling having absorbed in fastove lower. This should be something important to identify in the coming weeks
Absolutely perfect description of this signal. Always look for confirmation, but essentially shorts get caught if next session open & close above real body of prior session, forcing cover & rally
#tradingtips Reading Anna Coulling's 2nd book, & she summaries an important tip. Look for confirmation of reversal (the test) before entry. Ex here is $WKEY and what I was looking for before entering for a recent swing