Price stayed within the 5m opening range for almost 15m. When it finally broke below I took the trade. There was also a reverse ABCD and a bearish sandwich on the 5m which supported my downward view. Price went my way initially, didn't take 1R partial at 1st key level because I expected a bigger move. Price bounced there and I stopped out for loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-16 09:42:04 | AAL | sell | $24.710 | short |
2021-03-16 09:45:34 | AAL | buy | $24.790 | 0 |
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