Here's a trade that a handful of people lost on Friday (that's perfectly fine - losses are going to happen). This presents us with a great learning opportunity though.
Kyle, myself, our other coaches and some of our more experienced students chose not to take this trade however.
Price enters our hourly demand zone, then on the 5 minute chart price closes above our swing high - exactly how we would want it to in order to take a Superman trade.
So, based only on the charts provided below (1st pic is 1Hour / 2nd is 5minute), who can tell me why Kyle and the coaches stayed out of this trade? Let me know what you think! (Hint: it's not a crystal ball that Kyle gave us 🔮)