VLO Trade on May 5, 2021 10:59 from ADillPickleTrading: Tradervue User Stock Trades.

daily chart here was going into some really nice void, however this was VERY Extended after only two days on rest after 5 bars up, it then ripped up 2 bars again. so very extended, not too good of a daily chart but not bad either. 60m was a big bottoming tail big green bar, and I entered on a doji bar on the 1hr chart. so quite bullish 1hr chart, very nice. 15m had a big bottoming tail, a move up and then big chop around. then there were two big bars up, so not exactly something ready to pop but wasn't overly extended. however this is very worrying for a 3BP, since it means that the 3BP was not "igniting a move". this shows that this was a bad 3BP. 5m was the entry chart for the 3BP, textbook 3BP but it clearly wasn't starting a move and hence did not pop enough to hit target.