Not convinced price has fully corrected, but it's a decent 2R trade setup.
I can see price going beneath $48.50 low. Triggering a bear trap or price pushes lower.
Commento:
Exited early $49.50 on 8/10 @11:44
Didn't like the way price was being pushed down and didn't want to hold over the weekend.
Might re enter if it move higher has a daily close > $50
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Didn't like the way price was being pushed down and didn't want to hold over the weekend.
Might re enter if it move higher has a daily close > $50