+77.41 bear flag
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-27 12:52:59 | AMRS | sell | $5.279 | short |
2013-12-27 12:53:04 | AMRS | sell | $5.278 | short |
2013-12-27 12:58:38 | AMRS | buy | $5.170 | short |
2013-12-27 13:07:38 | AMRS | buy | $5.060 | 0 |
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Nice! I might say it's just a bit of a chase because it already bear flagged and flushed when it couldn't clear the 9ema for 3 candles in a row at 5.58. You usually want a longer consolidation on bear flags. It only rested for 1 candle at your entry.
Either way though, good eye and great find!