In this video, I break down a live NASDAQ recovery trade using a bullish absorption setup. Watch as I navigate an extended bearish market to find a high-probability entry within the May 6th opening gap. I’ll show you how to use the "50% rule" to scale into positions with precision and manage risk effectively.
What you’ll learn:
Gap Trading: Identifying key levels for reversals.
Bullish Absorption: Spotting when selling pressure fades.
Trade Management: Moving stops to break even and scaling out for a 1:2 RR.
Stay observant and always protect your capital.
#tapereading
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