My entry was based on the daily p/b to 13 ema and I wanted to swing this one. I wasn't completed convicted since the p/b leg was more than 3-5 candles. I thought it could end up being a bear p/b so I kept my eye more on the minute chart instead of the daily which ultimately caused me to stop and and not stick to my original plan. The candle I entered also had a longer top wick which means the bears came in a pushed it down. I entered at 5.16 due to the support from previous highs.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-02-05 14:57:00 | MNK | buy | $5.160 | long |
2020-02-05 14:57:00 | MNK | buy | $5.160 | long |
2020-02-06 09:44:00 | MNK | sell | $4.980 | long |
2020-02-06 09:46:00 | MNK | sell | $4.960 | 0 |
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