- after opening out of balance and out of range (but the open was low confidence) price made its first attempt to close the gap, with a first rejection from initial R@1272.50 (BAH and double prints and selling tail from Jan 7th). The move stopped at initial S@1269.00 (rally high from jan 7th and ON S)
- i went short @1270.75 (based on my plan and entry criteria, OF selling, rejection from R) in an attempt to break the initial S. T1@+2 points was hit and the 2nd contract was exited due to rejection from S and OF buying at +0.75 points
- the price got rejected from initial S and moving towards IBH, OF started to buy, and i went long @1270.75. I went too soon long and at a worse price that i should, but it was according to my plan and i could placed my stop accordingly and below initial S, OF buying gave me confidence. My T1@+2 points was hit and I exited the 2nd contract based on price rejection above IBH and OF selling, a bit too quick, due to loss of focus, for +1 point.
- after that I've lost my focus completely and shifted my attention from trading and didn't take anymore trades
- price was struggling at IBH and BAH , creating a divergence with OF selling and finally broke to the downside to IBL, bounced to midIB and from there sold off to VPOC@1265.75
- we can see a rejection from that level back to 1269.00 rally high and price being accepted and closing above that level.
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