Bull flag breakout. It actually was a bear flag. If shorted would have won. Need to consider oil already gapped down, had bad news, money flow toward sellers, and under EMA's and VWAP.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-31 10:11:58 | UWTI | sell | $22.930 | short |
2016-10-31 10:13:55 | UWTI | buy | $23.010 | 0 |
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