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bluechiphunch

@bluechiphunch

πŸ“˜ TRADING LESSON – PATIENCE ON AGGRESSIVE OPENS ( $IWM Example) β€’ Strong aggressive opens can trap traders into chasing β€’ First rip up β†’ FOMO starts β€’ Second rip β†’ traders jump into calls late ⚠️ The Problem Even if the chart looks bullish, price was under the key pivot (257.20) That makes calls a pure chase, not a structured trade πŸ”‘ Key Levels β€’ 257.20 = Key Pivot (resistance) β€’ 256.22 = Nearest real support β€’ No support = no edge 🧠 What You Should Do Instead When price is under a key pivot, you only have two smart options: 1️⃣ Play the flush 2️⃣ Wait for a flush to VWAP / key pivot, then look for confirmation βœ… Why This Works β€’ You get defined support β€’ VWAP + key pivot = structure β€’ Clear invalidation = low-risk entry β€’ No chasing, no guessing 🎯 Lesson Strong directional days reward patience, not speed. Let price come to your levels, then execute with structure and control.
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