B Setup - Resistance Play
Earnings gapping up into resistance on daily chart (21.5/22) area
My plan was to wait and see price action confirm sellers in control and look for an opportunity to get short
Hesitated at the open... missed a chance to get short on a bounce up to 21.5 that got stuffed
Then saw 21.10's holding... and then get stuffed below VWAP again.. so I sort of chased it down (20.70)... targeting a small move down to 20.25 and then down to 19.67 (50fibo) ... but just decided to scalp it as I knew my entry wasn't really good enough for solid RR.. Figured I could get another chance to get in with tighter risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-11-29 10:03:06 | ANF | sell | $20.705 | short |
2018-11-29 10:07:35 | ANF | buy | $20.495 | 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!