Long

Inside Bar or Bullish Harami?

Updated

I haven't charted in a while and think wanted to note that this pattern for myself. I like the set up will play the "harami" candle hold up to the upside and beyond. If it breaks and closes below the bearish print 7/27/23, I'll play it that way. Enjoy your weekend.

Note

4hr 7/31/23

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hmmmm.... gapped down, with another wick. thoughts into thurs mostly....

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and i realized that we had 2inside bar days and looked into that. expected a big move on day 3. the wick tricked me this time. closing price was below prev day closing price, so i should have anticipated down. had a chance to get in and ride the move down 1st thing in the morning at 10a. forward.

Note

The retest of high seems to be invalidated with that huge gap down and continuation candle from yesterday 8/2. When I slowed my eyes down, that lower close 8/1 could have been a clue that something dramatic may happen the next day (moved from 2nd to 3rd inside bar day). The size of these moves are extremely large, so I anticipate big moves Friday also; which lines up with major catalysts (AAPL, AMZN, jobs report). Trembling... lol

Note

i recaptured loss today w/ puts (4500 P at 4539 break down). closing and will re-evaluate for next week.

Trade closed: stop reached

mommymiles

Mommy Miles :)

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