Symbol: MVSN
Type: Long
Entry: The 7th bar
Exits: The 13th and the 14th bar
Result: Gained +0.78%
- The Upper-Base established a Resistance Level during 3rd - 5th bar
- I entered on the break of the the base, at the 7th bar
- Exited half my position when prices reached the Opening Range High
- Exited remaining half when prices fell back down to the rising 5eMA
- I decided to exit the remaining 2nd half o my position because of the long upper tail shown in the 13th bar. I didn't think that the price will continue to rise.
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