Although this webinar was nearly 7 years ago, still extremely relevant. This particular Squeeze Price action keeps appearing, i have posted all three of the charts on profit.ly from 3 different webinars of Tim and they all connect very similarly.

For me when figuring out this setup the first thing I want to find out is what signs could i consider for covers or potential shorts or re shorts. This is the same pattern of the squeeze and always shows a double bottom and then an uptrend and then the squeeze. It all happens within 9:30am-10:30am so far from the three charts i have gathered.

One of the similar more recent charts I gathered on this setup was from Michael Goode's most recent webinar on Gap up Shorts, ENTX chart from March 2021.

Same idea where it double bottom + uptrend but it didn't have the strong overall fade like the other charts, but the main signals of potential squeeze was there. To take a short like this, one must be aware of the timing, volume and price action. All three must correlate with one another for it to be A+.

 

This Gap Up short strategy is the most complex strategy out there, the small details matter a lot more rather than just a g/r break. There are short traps from institutions and algos which makes the pattern extremely difficult compared to any other setup. Although i am learning this setup, i don't recommend anyone that just started to trade this pattern just yet until the other setups are 100% perfect and you are consistently profitable, because a setup like this can make your account go to zero real fast. This setup require more experience than the others and is less straightforward, i know whatever that i have discovered now is probably just a small piece of the puzzle. But it's good to know it and recognize it.

I have more chart examples that i might post soon on this well, same idea and pattern.