Range bound entering the US Open, traders were quick to pick up on the short and the range run. The follow up was the 1437 longs when PA reversed just above the SB-5 level.
Additional shorts were taken at the LB-5 1st push. In the chat, we were discussing the failure with a target back to the 50CB level of B21 as PA moved to the LB. PA hit target, and the LB.
By B68-69 we see a 2 bar doji reversal pattern on the Bull TL. PA stabilized at the close then broke higher for the second test of the LB-5. A third test would likely break the level, and that occurred later in the after hours trading.
AFTER HOURS
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