Bear flag break down entry at 3.67 for 2000 shares. The next candle make a spike up to 3.7 (stop loss point). Therefore wait for a while and finally decide to Cover at 3.65 for small gain.
P/L +40
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-09 10:14:35 | HSOL | sell | $3.670 | short |
2013-09-09 10:21:11 | HSOL | buy | $3.650 | 0 |
You're right, rush entry flag too short (only 2 candle) and doesnt really form a bear flag.
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Not really a clean setup intraday