"4 white candles in a row, very "blue chip" type of stock gapping up large into a resistance. Easiest FADE of all time.
Fade is trading this gap , even though it opened up . Why a fade? Why selling? Because everyone who sold there before made money (so they will do it again) and everyone who bought the last few days is selling to lock in a gain. "
For the swing, I'm looking for the gap to fill a bit more. On the day trade though, edge was for sure. "past candles are just future money" Dean Chance
Learn the past. Solid fade!