I am not really sure what I was buying here. However if I had waited this was the beginning of the 3 wave reversal. Entry at $15.90 risking $15.70ish so $0.2. I would then ride this up to the restance level at $17 for $1.10 gain per share. That would have been a good 5:1 RR.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-06-17 11:15:16 | ORPH | buy | $16.600 | long |
2021-06-17 11:15:50 | ORPH | sell | $16.180 | 0 |
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