FB traded on low volume and I had 161 as level with the EMA20 on DAily.
FB found support below and on a reclaim of the level I took a long. I did not like the action of the consolidation as there was lot of indecision. As I expected lower prices on the lack of follow through I took the trade off with a small loss. Good call.
FB made another leg lower before giving a clean entry signal that I did not take. WTF, Markus? More confidence, please!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-02-27 10:17:00 | FB | buy | $160.979 | long |
2019-02-27 10:20:00 | FB | sell | $160.900 | 0 |
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