Today we had a 8.25 Gap Down after a bullish 15M close into support, the gap thru that level had blocks and probars on the pre Open lows showing strong signs of strength. We then printed probars on the 15M with inside triangle bar. This eventually formed a ascending flag type triangle that broke to the Upside.
Recap Notes:
Trade Selection - Excellent was able to mange risk with size upon noting the Strength and was able to hold the last lot for a excellent gain.
INTANGIBLE OBSERVATIONS:
Pay attention to the RANGE - Take 1/2 off max when the range is tight - Look to cut max down and pay attention to the ATR.