The market had ranged sideways for 3 bars, attempted a new high on the 4th, then failed and broke down on the 5th.
Stop from the previous long trade was the short entry for this trade.
Trailed tight and stopped out with profit.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-14 10:51:17 | QQQ | sell | $166.560 | short |
2018-11-14 11:21:41 | QQQ | buy | $166.090 | 0 |
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This is epic entry identification.
Not an easy one to spot.
Impressed!