Shared by
Angelrose
T15: When I saw the chart was forming "Mountain Pass" or Double Top, I decided to take a trade on this. However I waited until the red candle confirmed breaking through the level of resistance/support white line before I enter the trade to ensure that it continued the decline. Should have exited at 15:36 instead of 15:37. Could do better all around by holding on and watch it trend upwards by 20 cents before it continued to decline
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-10 15:31:36 | UBER | sell | $37.860 | short |
| 2022-02-10 15:37:34 | UBER | buy | $37.650 | short |
| 2022-02-10 15:37:43 | UBER | buy | $37.710 | 0 |
Comments
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Great analysis on your trade Angela. I made a profit on lyft when it was falling while UBER was halted and loss a little on UBER chasing!