Saw that a 3 candle flag was forming but shorted it to early. I didnt wait long enough for the 4th candle to stay red. But with the strong run up in the morning and the support on the daily chart my bias should have been long. A nice 3 red candle flag with break above vwap formed a noon which would have been a nice entry for the run up.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-12-05 11:01:12 | AMBA | sell | $55.640 | short |
2016-12-05 11:01:58 | AMBA | buy | $55.800 | 0 |
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