opening scalp

As price gapped down this morning it put in a silly little fake-out move down on weak (but not THAT weak) TICK. The better entry would have been to buy the pullback into the 20-EMA (on the 1-min chart below) at $90, but I waited for price to get closer to the Previous Day's Close (PDC), as a scalping strategy mentioned in a previous post. It set up a little flag/inside bar at that PDC level while also showing strong volume (dots above/below candle). Target was the previous day's support level. This was a big move that should have been held longer.