Today two high probability trades developed utilizing Context + Price Flow Trade Setups.
Context for Trade 1 ($AGTC) was a big green day yesterday on heavy volume that also moved above key resistance back in 2018 (Breakout, Blue line).
This meant any “first pullback” in price was likely to bring in responsive buyers.
Overnight, price action pulled back from yesterday which setup an excellent high probability Price Flow buy at blue line support near the open (Buy @ 8.52, Arrow) to move up to upper blue line first target to scale out and set up a no risk trade (Sell @9.10).
After a big green day you either get follow through higher the next day (Above 9.50), or a pause day(s) to digest gains before moving higher in subsequent days. Entering with good trade location (i.e.Pullback support early in the trading session at 8.52) provides the opportunity to capitalize on either of these outcomes with low risk.