Oversold on daily has the potential for a bounce. Has a strong and nice:) prev day R level at 69.00
Opened higher but quickly flushed back to 69. Looking at supports at 69.00, 68.50 and resistance at 69.50, 70.50, 71.50
I correctly identified the buyer on a tape and got long for a breakout of 68.50. I started scaling out too quickly and had re-entered on the breakout, however, I was planning to enter on supports only.
setup: A
entries: A
exits: C
Execution detail:
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