UBER T2: This morning's first attempt to trade UBER was unsuccessful. When I saw an ABCD pattern on this trade in addition to the downtrend and lower low red candlestick. Before I knew it, it turned against my trade's direction.
What did I learn? I must recognize and pay attention to the longer wick on the red candlestick and let it complete before I click the "buy" button.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-02-10 12:36:18 | UBER | sell | $39.250 | short |
2022-02-10 12:38:19 | UBER | buy | $39.440 | 0 |
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