Shared by:
Spartan_Trader
Pre-market Gap-down/Bear flag
Was grinding up on low volume, after gap down on high volume. Shorted on 2nd red candle after spinning top candle, which was a sign of loss of steam from the buyers. It cracked the 9 ema and vwap, when it began to break above vwap I saw that as a sign of strength as it did not flush down, covered my remaining position. Glad I did, it eventually squeezed higher.
Execution detail:
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