Mar. 4 at 9:17 PM
$PCAR 195-MIN 1% RENKO CHART
Full position on the 2nd Green Brick.
What the Chart Shows
Pullback:
Bouncing off the 20-Day EMA.
About 5 red bricks from ~129 → ~121.5
Pullback held above EMA(20)
Did not break the prior major swing low
Momentum Reset:
RSI ≈ 60 (still healthy)
StochRSI dipped into oversold and is turning up
This satisfies the “momentum reset” condition.
Reversal:
First green brick printed at ~124
Now I am waiting for the 2nd green brick trigger
Structure Quality
The pullback is actually clean, not choppy.
It looks like a controlled digestion after a strong trend, which is exactly what I want.
The ideal trigger is:
✔ 2nd green brick
✔ Break above ~125.5
✔ Strong brick size
That would signal real continuation, not just a bounce.
