Exactly i use charting to the best of my knowledge but most of the spikers come off hot news events how you play that up to you but never chase breakaways on the bottom end most crawl back into their shells or have a C.R speeding fine, volume drops etc,etc.
As i posted today WTI crude posting near 4.5-month highs brought at 81,550 all the F/A says overbought on oversupply despite OPEC cuts and other factors.
These sorts of trades are outliers in the market and should kick down off highs. watch wait execute. that's the patience factor on setting up winners stack the odds in your favor.
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