1 min read

Why this one candle traps buyers

There is a reason one candle tells you so much at a top.

I call it the Gap-and-Fail.

• The gap: it opens above yesterday's close and the late buyers pile in.

• The fail: sellers take all of it back and it closes under yesterday's open.

• The trap: everyone who bought the gap is underwater by the bell.

Trapped buyers become sellers, and that is how a top turns into a drop.

SMR on our daily chart: yellow Dark Clouds with a red line, and an orange X to skip

Dark Cloud paints the strong ones yellow with a red line where price could fall.

The weak ones get an orange X, so you know to skip them.

Get Dark Cloud for $9 and see it on every chart you open.

Talk soon,

The Team

Find Better Trades

P.S. It works from the 5-minute chart to the daily on Find Better Charts, yours for life. Here is the $9 page.