@bluechiphunch
π TRADING LESSON β 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
β οΈ 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
π Key Levels
β’ 257.20 = Key Pivot (resistance)
β’ 256.22 = Nearest real support
β’ No support = no edge
π§ What You Should Do Instead
When price is under a key pivot, you only have two smart options:
1οΈβ£ Play the flush
2οΈβ£ Wait for a flush to VWAP / key pivot, then look for confirmation
β
Why This Works
β’ You get defined support
β’ VWAP + key pivot = structure
β’ Clear invalidation = low-risk entry
β’ No chasing, no guessing
π― Lesson
Strong directional days reward patience, not speed.
Let price come to your levels, then execute with structure and control.