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Goku_BOWS
Daily Setup: Oversold bounce
Intraday Setup: RDR on 5 minute & yesterday's low, oversold
Layers of Probability: Extension on multiple time frames, two upgrades today,
Entry: Double bottom, RDR on yesterday's low
Stop: LOD
Profit Strategy & Targets: sell 50% at 1:1 to cover risk, sold 1/4 near 8ema, greedy with rest since upgrades may give daily move. Target 8ema on daily.
Thoughts/Thesis/Notes during the trade:
Double upgrade today and extended to the downside.
Oversold stochastics
Watching for RDR through yesterday's low
Started to pivot 1c above (I think TC2000 has been having issues, now it shows it ticked lower than originally), placed offer and filled, great risk if low holds.
Risk covered quick with good entry. 50% sold at 1:1
Next tgt 117.7 nearing 8ema on 5. Sold 1/4
Greedy with rest, could reverse on daily. Tgt 124-125
Areas of Success: Good plan for entry and watching,
Areas to Improve:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-05-02 09:42:00 | CRWD | buy | $117.060 | long |
| 2023-05-02 09:43:00 | CRWD | sell | $117.360 | long |
| 2023-05-02 09:48:00 | CRWD | sell | $117.700 | long |
| 2023-05-02 10:21:00 | CRWD | sell | $116.880 | 0 |
Comments
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love this trade.. great idea and execution