WFC Trade on Apr 16, 2021 14:35 from ADillPickleTrading: Tradervue User Stock Trades.

daily chart literally had a 3BP that triggered today, so the daily chart was just AMAZING. 60m I think this might have been the problem, the stock had a nice open and broke the resistance but then went up for 5 GREEN 1hr bars IN A ROW. to add onto this, it was past it's ATR. it being extended was likely the reason this failed and likely the only negative. 15m shows a bit of a different picture, more of an uptrend with some consolidation before the breakout where we entered our 3BP. also, there was a beautiful 3BP earlier in the morning, CHECK ALL TIMEFRAMES if the stock is moving up or uptrending. so still above ATR but you can see the consolidation 5m entry timeframe, as mentioned above was above ATR and a bit extended but consolidated nicely and then broke out with a very strong bar with a small vol spike. then a 3BP started to form, I entered on the break of the high, it had a very small red bar so the R/R was good. my entry was about 25% above where I should have entered relative to my stop which surprisingly ended up making me lose instead of win, I missed target by 3c. then there was ANOTHER 3BP, so this was just a loaded trade. other than my slightly late entry and the stock being a bit extended, this was a perfect trade and I would take it again.

Management Results:

1/2 Position Add Second 1/2 at 1/2R: -1R

1R AON: +1R

2R AON: -1R

3R AON: -1R

4R AON: -1R

2R Move Stop to BE at 1R: BE

3R Move Stop to BE at 1R: BE