Long bottom tail and consolidation lead me to believe that this was the bottom and a reversal was near. In hindsight, this was setting up a bear flag and I should have been focusing on that.Possible signs I should have seen that would have pointed towards focusing on shorts instead of longs:
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-15 09:55:03 | ADSK | buy | $56.020 | long |
2014-08-15 09:55:30 | ADSK | sell | $55.813 | 0 |
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