It looks like I chased on this play but I did not. I bought in on a green candle and waited for the flush. Really thought this this was bear flagging but it did not hold when I got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-21 14:40:00 | UVXY | sell | $48.730 | short |
2015-09-21 15:27:00 | UVXY | buy | $47.200 | 0 |
It had already had a run to the short side. Then it rested and went green for a little while and then flushed again.
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How did you know it was going to flush?