Strong momentum on NYSE open + fakeout was the core narrative to this short.
I had marked my hard target to be 3:1RRR but wasn't comfortable holding it so I closed at 1:1RRR.
Note to self:
momentum = hold the trade, trust your analysis.
I had marked my hard target to be 3:1RRR but wasn't comfortable holding it so I closed at 1:1RRR.
Note to self:
momentum = hold the trade, trust your analysis.
Note
minor correction, resistance formed was meant to be pointed at 9:30am candle
Hold nothing sacred in search of truth
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hold nothing sacred in search of truth
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.