SPXL Trade on Apr 13, 2020 10:52 from Donutbreath: Tradervue User Stock Trades.

Noted 2m descending wedge on SPY, looking for hourly HL. Hourly approaching 26 ema, potential zone for a bounce. I correctly identified the set up, though incorrectly executed the trade. First error was on trying to buy the break outs - i noted the importance of the 2m to close over the resistance line, but even as it did, continued to sell off. This increases my focus on these setups and highlights the importance of buying the support lines. Part of the challenge with these set ups for me is the lack of a clear stop to the downside, other than on a candle close below wedge support, perhaps?

This trade also highlights mental capital - i was mentally fatigued by time the trade set up presented itself as i was clearly rushing the trade. I noted this and took a break get back into my flow.