played the $4 breakout with stop underneath.
Now seeing that stop was set at the 9EMA..... sell was a perfect entry
too extended from the 20MA bounce?
Execution detail:
No 20ema was not to extended. It was 3.89/90 where your stop should have been. Give the trade a chance to work itself out.
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Buy was ok, stop was bit tight. 3.90 was ideal.