GPOR H1 setup bought post market open highs taken out.
Ignored
GPOR played this H1 setup from M1 micro clean setting. Could have hold for more gains but closed early to release more buying power for other M1 setups.
W, tracking for possible trend rotation, high needs to be taken out with credibility.
JPM not yet enough signs for supply takeout but it has failed to form lower low, will track it with alert.
NUE on track aswell, long if pullback fills it.
CRM has potential watching closely on supply.
AMTD did not expect such quick rip, tracked this one from Level 2, was watching decent buyer absorbing quite a few short sellers all the way to previous high.
JPM was flagship setup of the day without the doubt, i got slight 0.2R loss on initial entry pre-takeout (small size), then on takeout added full size, but got too agressive on SL managment and just stoped out as it took off. Its a tricky decision as price comes back down one has to make decision, closing in BE or letting it go towards normal use of SL.
Hey toti, this one is a bit more in neutral than play state. From M1 perspective the structure that you want to play for bottoming is the structure that was printed before the structure you are looking to play. Mind that for downtrend rotation play you want to see price be in down trend, where lows are clearly in lower low mod or at least there has been no previous takeout of strong highs. Always ask yourself before finding the rotation structure (for bull play), is price in clear down trend? The whole point is that you want to see agressive shorts being squeezed out and for that certain qualifiers need to be met. (On side note NZDCHF has the worst spread from all of FX pairs compared to its usual volatility, in my view most of time not worth checking it out if you trade M1).
The structure played for bottom rotation would be this one, as this is where down trend was still intact:
(binned per thread starter's request) Market bottom rotation trad
