Watched the ticker move towards Vwap for a retest after a significant break through. when Vwap respected and reversed and i noticed how hard to broke throught the first time and seeing the DTR was low i decided to follow the trend for some more follow through. when the ticker found some level ground and didnt bounce after a few candles i felt confident that the next push up to resistance would be the best entry for me. Also the Vwap and the 50% retracment worked well together as resistance for the continued move down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2024-05-06 10:59:42 | 10 MAY 24 185 PUT | buy | $4.700 | long |
2024-05-06 11:05:51 | 10 MAY 24 185 PUT | sell | $5.000 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!