I couldn't resist this low risk dummy entry in JOYG midday. After recovering from the morning swoon, JOYG started consolidating through a series of narrow, tight candles in a shallow base. It had the support of all of its MAs so I took the dummy entry. At one point it took out yesterday's high, but that was a head fake, so I took my exit on the first lower high.Chart: 10 minute timeframe
No comments:
Post a Comment