Conclusion: Buildup Must be Strong for Pullbacks & Bull Flags (IMPORTANT)
Action:
Bought 1 min HoH, Stop to Low of Pullback, FPT $16.50
Stopped out at Low of Pullback
Analysis:
1 min Buildup had Indecisive Candles towards the end of the Buildup, showing weakness
High Volume Red Candle with Large Bottoming Tail, indicated indecision
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-20 09:44:05 | JMIA | buy | $16.330 | long |
2020-10-20 09:44:05 | JMIA | buy | $16.330 | long |
2020-10-20 09:44:05 | JMIA | buy | $16.330 | long |
2020-10-20 09:44:05 | JMIA | buy | $16.330 | long |
2020-10-20 09:44:13 | JMIA | buy | $16.280 | long |
2020-10-20 09:51:17 | JMIA | sell | $16.090 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!