Shared by
ctxtrd
The set-up:
Descending Traingle
What I did Right:
- Waited for pattern to appear
- Took profits at different points as it went in my favor
What I did Wrong:
- I didn't trust as second major higher low to adjust the stop and got out a bit too early
Where I could improve:
- Trust for a major higher low to be formed on rejection from one of the MA
Trade grade: B
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2023-11-14 11:47:10 | AMZN | sell | $146.160 | short |
| 2023-11-14 11:51:58 | AMZN | buy | $145.900 | short |
| 2023-11-14 12:02:31 | AMZN | buy | $145.960 | 0 |
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