ES Hourly
Pattern I'm looking to trade: Descending Broadening Wedge (DBW)
ES broke out of DBW yesterday, and is now doing a pull back - hopefully not to the floor of the channel YET, coz I'm in trade now (LONG!)!
Was looking to buy after a pull back, but MY FINGERS (Read: NOT ME!) couldn't wait and got me into a trade at 834. *$*#&*@!
This was what was supposed to happen:
Plan A (Long)
- Long at: 830, 815, and whenever ES touches the floor of the blue channel
- Stop Loss: Yet to figure out ES...play by ear for now
- Exit targets: 840, 850, 865
Plan B (Short)
Will look to short only in the event that ES plunges back into the DBW.
Will look to short only in the event that ES plunges back into the DBW.
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