Symbol: BBY
Type: Short
Result: Lost -1R
- Well, I held myself back from an entry after the 1st Inverted Hammer because the 5eMA was too far away
- The second one came, and I still managed to control myself (by not looking at the chart, by the way!)
- The third one appeared... well, it was a up Hammer
- When the 4th Inverted Hammer was 'forming', I thought the 5eMA was close enough and I pull the triggered when it broke the low of the prior Hammer
- The next bar is what I called the "What the hell?" bar
- Followed by the 'F-word' bar, which is usually my exit bar
- Have a wonderful weekend!
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