Daily: 2nd day continuation
Intraday: ORB
Strong breakout previous day without being extremely overbought so I looked for continuation play. The first 5m was red but the 2nd one completely reversed the selling and closed strong. I took the entry anticipating the break over previous day high, stop under the green candle.
It broke out as expected and continued flagging near high so I added on the small flag breakout. I scaled out when it became extended and about to pull back.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-06-20 09:40:55 | XBI | buy | $74.460 | long |
2017-06-20 10:04:28 | XBI | buy | $75.200 | long |
2017-06-20 10:25:26 | XBI | sell | $76.000 | long |
2017-06-20 11:05:17 | XBI | sell | $76.400 | long |
2017-06-20 11:26:00 | XBI | sell | $76.340 | 0 |
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