CNI (fall thru prev day low)
Bearish first then sideways to ema resistance. The 5th is NR3 off OR lows and ema. This is our short trigger. Closed partial at 1R near Fib Ext and then rest at same level as it bounced off $50.
TNE (gap up)
Bullish first then sideways consolidation above OR showing relative strength to the market. The 8th is NR7 off ema and is our long trigger. Closed partial at 1R near Fib Ext and the rest came back to breakeven.
No other trades for me today. I was looking at UNP short but dithered at bit and the hesitation cost me as it fell nicely to around 2R or more. Hope you had a good one.
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