-trying to toptick overextended lg float ascending wedge-
tried to short this when it seemed to be near the top of the wedge in an ascending wedge. I risked off the previous high at the time which was the 42.80ish level. I Was watching the 1 min but should have been watching 5 min. it was much more readable. it broke through so i tried to ride it back down to cover near the breakout spot but got scared and covered near top. The fact that I had to go to work soon played a big factor in this because i forced the trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-06-14 10:18:52 | ETSY | sell | $42.800 | short |
2018-06-14 10:21:16 | ETSY | buy | $43.290 | 0 |
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