I was short biased on the airlines as they were setting up to break the previous day low and possibly more. In the first minute the prior day low broke and I entered immediately. Although I did move my stop to break even I mismanaged my profit taking and I was looking at the wrong timeframe so the first trade was break even.
After a short pullback up with lots of selling pressure I entered again on the first candle to make a new low and added on the LOD break and the $24 breakdown. The daily level at $23.90 held and the stoke came back up so I exited. The last add was a bit of a waste although a breakdown of the $23.90 level would have been a super winner. +1.6R
Execution detail:
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