TSLA Trade on Jan 3, 2024 12:23 from ctxtrd: Tradervue User Stock Trades.

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ctxtrd

 

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

Result

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

image

Updated

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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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