The set-up: Ascending Triangle
Setup updated to: Trend Trade - Trading Range
This was a trend trade but entry was defined by the triangle, don't kid yourself you trend traded the triangle.. which means there was no clear triangle
Time Frame:
5m
What I did Right:
- Waited for Pattern
- Took profits as it went in my favor
What I did Wrong:
- While arguable for further confirmation I used a trendline to project the support line of where price was going
Where I could improve:
Trade grade: A
Spy Above/Below x sma
QQQ Above/Below x sma
Setup Rating
Key Area Rating
Updated
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2024-01-03 12:23:59 | TSLA | buy | $239.990 | long |
2024-01-03 12:35:14 | TSLA | sell | $240.480 | long |
2024-01-03 12:40:26 | TSLA | sell | $240.870 | 0 |
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