
This was a Gap trade that gapped just under hourly Major Support. I caught the entry near the 10:00 Reversal Time. It was a Sell Setup after a retracement back to a minor resistant area, after gapping down into an hourly downtrend.
I took it as a "scalp" trade off the 5-minute chart, so I covered my position after 3-bars down into the prior morning support area - clearly too soon (always easier to say you should have gotten out "here" after the fact).
...check out the chart!
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