Price rounded around $49.50 just below VWAP. Entered looking for a test of $49 while price fell lower, it didn't have the juice to sustain the move. I needed to see more volume come in.
In terms of the second entry, it was a bad entry. Price was coiling under the VWAP/EMAs. I thought I was seeing price round and I chased! :(
Just needed to wait a bit and let price play out.
Execution detail:
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