Conclusion: Be wary of Doji topping tails.
This 5 min bull flag had experienced a large Doji topping tail on the 1 min, and a decent topping tail on the 5.
The large Doji topping tail should've signaled me to be more careful.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-02 10:31:04 | BLNK | buy | $5.890 | long |
2020-07-02 10:31:05 | BLNK | buy | $5.890 | long |
2020-07-02 10:34:02 | BLNK | sell | $5.740 | long |
2020-07-02 10:34:02 | BLNK | sell | $5.740 | 0 |
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