Trump Media & Technology Group Corp. (DJT)

@poopy is a ******.

Nobody profited from the DJT movement?
Then condolescence to those who missed the opportunity.
Too many counter-trend traders in here.

Anyway, the good news is that traders can choose to
trade with the trend, or
trade against the trend.


NEXT SUPPORT LEVEL 13
 
Last edited:
upload_2024-4-16_18-59-40.png




WSB Meme
 
DJT chart analysis / hindsight analysis or whatever
for swing trading

Use day and hourly charts for trading


day 1
26 Mar -
price gapped up significantly.

So there could be a
trend continuation
trend reversal
or no trend / sideway movement.

Wait for a few more hours to make a trading decision.

Before EOT end of day, there was a long red candlestick.
This was a significant candlestick with a significant volume of 55million

probability p of uptrend < p of downtrend

SHORT before EOT



day 2 - inside day with red candlestick


day 3 - inside day with red candlestick
p of sideway movement > p of uptrend




day 4
1 Apr

1 hour after opening, the price broke the low of the significant candlestick

p of uptrend < p of downtrend

SHORT it 1 hour after opening


This is the 2nd chance for SHORT entry.

__________________________


Some charting software has this PLAYBACK function.

You can use it to test or polish your trading skills.

________________________
 
Last edited:
You must log in or register to reply here.
Back
Top