ES Bear Flag Day Trading 08/21/23 Target 4425

Bear Flag Pattern on the 1 Hour-4 Hour

Looking for a bit of a pullback for the 3 session trade rejection off today's open price and the bottom of that channel.

Probably around 1 hour after the open.

İşlem aktif:

Taking a counter trend sell back down to Asia Open. Risky as its counter trend

Entry: 4401
Stop: 4406.75
Target: The 1 Hour 21ema 4388.00

2.25R to 1 with 7 Micros

İşlem aktif:

İşlem kapandı: durdurma seviyesi:

Took a loss. Will Re evaluate the situation

İşlem kapandı: hedefe ulaştı:

After taking a loss, I got back in to sell short at the 4 hour 21ema as the 4 hour trend is down. I took profits at 4395.75 which was yesterday's high for 9.25 points. I probably left money on the table but oh well.