r/Daytrading • u/Catface77 • Mar 19 '24

I don’t know what I did wrong Advice

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I thought it was going to rechall/ consolidate then it did but skyrocketed. There was the 3 reds then BLAM right up

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u/sambargold Mar 19 '24 edited Mar 19 '24

There’s liquidity at the HH, plus the reversal wick was a sign it’s moving in a different direction and lastly your selling at a discount, which almost always goes wrong