1) Stock had been underperforming thereby chances of a breakout were less.
2) The RS line tanked while price was moving up.
3) 2 Shakeout attempts after the while price was moving tight in range.
4) Entry was taken on 1min. Timeframe.
2) The RS line tanked while price was moving up.
3) 2 Shakeout attempts after the while price was moving tight in range.
4) Entry was taken on 1min. Timeframe.