A+ setup, let the longs come in, get smacked in the face with overwhelming selling pressure from profit taking and VERY early shorts, then react to the blow off / panic selling and slam the short into the double top false breakout to cover on the way down. Trade at the open didn't work out so I cut it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-06-14 09:30:10 | ENOB | sell | $11.900 | short |
2021-06-14 09:30:13 | ENOB | buy | $11.800 | short |
2021-06-14 09:30:21 | ENOB | buy | $11.580 | short |
2021-06-14 09:30:43 | ENOB | buy | $12.000 | 0 |
2021-06-14 09:37:38 | ENOB | sell | $11.830 | short |
2021-06-14 09:37:41 | ENOB | buy | $11.330 | short |
2021-06-14 09:37:43 | ENOB | buy | $10.880 | 0 |
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