Shared by
beno
Technical Analysis – Long Term
-Downtrend from 2017 highs of $27
Technical Analysis – Intraday
-Gapped up
-Traded to HOD of 6.84
-Closed near lows at 5.75
Catalysts / News
-Chinese President Xi Jinping reportedly endorsed blockchain technology and called for greater advancement into the field
Original Plan / Strategy
-Try a washout long if PA goes above PM high of 6.71
Review
Got a nice quick short scalp from the PM high but I got stopped out on my washout long, I wasn't patient enough with the sellers.
Grade: C
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-10-28 09:45:47 | XNET | sell | $6.490 | short |
| 2019-10-28 09:46:04 | XNET | buy | $6.440 | 0 |
| 2019-10-28 09:52:53 | XNET | buy | $6.500 | long |
| 2019-10-28 09:53:12 | XNET | sell | $6.380 | 0 |
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