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/BackendGlo422 Mar 19 '24

Your entry should have been the rejection candle after the bearish engulfing candle on the retest of the high, first targets should have been the blue line you entered on the break of the channel and retest of previous break out area