For this wedge pattern, I made the classic mistake of not using larger timeframes to identify the true risk level. As a result, I got in too high and got stopped out too early.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-03-25 10:38:05 | CIDM | buy | $1.980 | long |
2021-03-25 10:38:05 | CIDM | buy | $1.990 | long |
2021-03-25 10:51:20 | CIDM | sell | $1.910 | long |
2021-03-25 10:51:20 | CIDM | sell | $1.910 | long |
2021-03-25 10:51:20 | CIDM | sell | $1.910 | 0 |
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