If BABA follows this pattern, the way to trade is to wait for the "MODE" to set up, then once an ENTIRE SESSION is above the mode, as shown below, then look for a rally.
Note how the rally lasts for the amount of time of the mode.
Fascinating.
And note how it holds the high of the opening day on the pullback.
Tim
3:56PM EST Tuesday, Sep 30, 2014 24.39. last
Note how the rally lasts for the amount of time of the mode.
Fascinating.
And note how it holds the high of the opening day on the pullback.
Tim
3:56PM EST Tuesday, Sep 30, 2014 24.39. last
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.