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BarByBar

 

STNE

May 9, 2019 10:55


Tags:

2R Climactic Reversal Reversal

2 bar reversal on strong support, actually the entire down up move was just a 2 bar climatic reversal on a higher time frame. Entered on pullback with stop two ticks below signal bar, the move came back to test my entry to the exact tick before the real move happened. Booked at new high.

A simple bull trend line could have gotten me back into the trade for another push up.


Execution detail:

Date/time Symbol Side Price Position
2019-05-09 10:55:34 STNE buy $27.000 long
2019-05-09 12:40:33 STNE sell $27.500 0


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