The Brains Trust, page-13634

CG, now that is a sweet chart; ticks a few boxes for stuff I look for (Just reading off yr little chart because mine not open at mo'):
-RSI Divergence at April low that started UT
-MA200 just lovely rising line with price well above = UT = tick
-May Backtest of Rt sh level .... reversal candle to boot, nice
-June lows would have been easy to get stopped on?
-Ma50 (which I don't tend to follow) has worked beautifully as sup
-then a Backtest of the ld head high in late July.
-looks like yet another recent BO to new highs
.... and I notice how all the major lows are met by HIGHEST vol bars .... SM loading up for next mark up is the theory I guess.
eg. SM buy on down bars and sell on up bars so they tell me?

Out of interest do you mind sharing how you "manage" such trades. I assume you don't blindly hold to the projection level and then aim to sell?
Never really nailed that and I still work manly on "instinct".
A method that has appealed to me is projecting major lows onto a relevent MA ... say 200 for the argument and "move stop" to that level.
eg. if May entry Stops would have been approx 155, 159, 161, 164 and 166 progressively as "lows" are formed and confirmed (numbers are just a quick scale by eye off your chart)
Any thoughts?