I was desperately looking to enter on somebody's pullback today. This pullback was not the one I should have been looking for.
I started getting desperate around this time. And sloppy. I was a bit disappointed I missed the pullback so I was hoping for another one. No dice. I entered again in an attempt to chase some profits and got whipped clean out.
Would this be considered a red to green play?
Tried to anticipate a pullback to the 47.50 level after the strong opening run. No dice.
I was trying to play it as a 1-2-3 reversal but I shorted about one candle too soon.
Any suggestions for how to play this setup? Thx.
Execution detail:
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Wait for that second green candle with volume coming in for confirmation of the bounce.