The document describes several chart patterns and indicators for day trading setups on 5-minute charts, including the 50 EMA with evening/morning star patterns, Bollinger Bands with evening/morning star patterns, and pole and flag continuation patterns. It provides details on conviction indicators like stochastic and RSI readings, and open interest levels, that confirm when these patterns may be reliable trading opportunities.
The document describes several chart patterns and indicators for day trading setups on 5-minute charts, including the 50 EMA with evening/morning star patterns, Bollinger Bands with evening/morning star patterns, and pole and flag continuation patterns. It provides details on conviction indicators like stochastic and RSI readings, and open interest levels, that confirm when these patterns may be reliable trading opportunities.
The document describes several chart patterns and indicators for day trading setups on 5-minute charts, including the 50 EMA with evening/morning star patterns, Bollinger Bands with evening/morning star patterns, and pole and flag continuation patterns. It provides details on conviction indicators like stochastic and RSI readings, and open interest levels, that confirm when these patterns may be reliable trading opportunities.