Trading Strategy based on CT50:
Chart Pattern - Tline (8EMA - white line) & 50EMA (Red line)
First entry point: Base breakout on high volume and Gap up
Second & Third: While holding the gap up low, mini consolidation breakout offered add on points (yellow arrows)
Now there’s a tight consolidation going on. Watch out for breakout or breakdown.
Chart Pattern - Tline (8EMA - white line) & 50EMA (Red line)
First entry point: Base breakout on high volume and Gap up
Second & Third: While holding the gap up low, mini consolidation breakout offered add on points (yellow arrows)
Now there’s a tight consolidation going on. Watch out for breakout or breakdown.