When a gap occurs with massive volume and a catalyst, trade the continuation in the gap direction instead of fading it.
Indicators Used
Pre-market VolumeATRVWAP
Rules
๐ Entry Rules
- Gap up > 2% with major catalyst (earnings, news)
- Pre-market volume > 5ร average
- Wait for first 5-minute candle to form
- Enter on break above first candle high
- Hold above VWAP confirms momentum