Got the exact pattern and price action I was going for. I went in with 1/4 size because the confirmation was starting to form, but no full conviction yet. My order got executed as it was pending before the spike to 3.40 and once it pulled back it was executed right away.When it held that 3.25 lvl well I decided to added 3/4 size as I had a base as my risk lvl, but my order didn't execute by 1 cent and then it began to spike. I told myself I won't add since the move/pattern is beginning to happen so I just accepted my 1/4 size. Once I can see big vol candles along with strength I decided to sell my position. Small profit, but good gain as I was patient with my entry and did not chase.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-06-03 09:35:13 | WISA | buy | $3.260 | long |
2020-06-03 09:38:29 | WISA | sell | $3.610 | 0 |
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