any buy set up at or close to support .....[this is also a harami] is called by brooks as a DB [double bottom].....he likes keeping it simple and ,general and generic. it is also a breakout failure, a break out pull back buy.
brooks loves DB AND LL a cousin of DB.......in that sense he is one step ahead of a lot of classical Technical analysts. A lower low, LL, behaves the same way as a DB
long this trade makes a lot of sense to me......target 2R and a swing high a resistance so a technical target as well as a risk management one
I fear volpri is sliding off into the deep end of things. Being so fixated on that one word ...BROOKS... Can a prolonged trip to a deprogramming centre help him snap out of it? Any hope? https://en.m.wikipedia.org/wiki/Cult_Awareness_Network
just came back from an errand for my wife. so moral...take trades that makes a lot of sense to me TARGET HIT trading so far today