Daily chart revealed a gap to "all time high" at 82.90 and a fade to a premarket pivot at 82.00. On open 1st candle (on huge volume) surged down and then surged above VWAP and then closed below VWAP. The second and 3rd candles again tested 2 ema's, VWAP and again rejected all three. Definite sign of things to come. I got short with small starter size at 81.5 with a stop above 9ema (40 cent). I added down to 81.07 and took intial profit @80.70. Added back @80.94. Should have stayed with small size but I notice the flag and doulbled my short at 80.68 when it pulled back to 9 ema. I got greedy and didn't follow my plan had to get out under pressure but still had a profitable trade. Had I gotten out as plan my profit would have been twice what I got.
Execution detail:
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