Price failed at the 20 sma on the daily. Entered on the first candle and didn't ate the best entry. I still expected a big breakdown since prince and broke down at a major moving average on the daily. Price ran down a bit but I held on hoping for more. Then it started pulling back and I held on figuring that it would continue down afterwards. The moving averages had caught up with the price by now but the 9 ema was flattening out as price was pulling back. I exited at my entry price figuring the breakdown wasn't coming when I noticed.
Execution detail:
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