BWP Long - Come for the long exposure, stay for the snags

-86 Week Ascending triangle forming
-50SMA/200SMA bullish signal
-3.21 has become an area of congestion for the past month with very attractive bollinger band squeeze on the daily
- Could be an asymmetric R/R opportunity for pre-positioning of larger pattern completion

30 basis points planned

Comment:

Comment:

Stop buy order @ 3.23
SL @ 3.13
TP @ 3.78

Comment:

I have too much risk on and is premature to pull up stops on other trades yet. Will let this strength within pattern opportunity pass. A breakout of larger pattern and I will consider it

Comment:

Ok, Now at a level I like. Am a buyer above 3.29 on a closing basis

Comment:

Had the pop in volume but not the close above boundary. Am happy to have resting orders in this market with volume confirmation

Comment:

Comment:

Buy stop order @ 3.30
SL @ 3.21
TP @ 3.78

Comment:

Anticipating a fill today

Trade active:

Order filled @ 3.30

Comment:

Stop moved to 3.26

Comment:

Happy with the volume expansion on this

Comment:

Stop moved to 3.29 just below yesterday close.
Some family matters have arisen, trimming down market exposure

Comment:

I proper buggered up. did not see dividend coming. Risk adjusted stop factoring dividend at 3.17. Same 30 basis points of risk

Trade closed manually:

Disregard... my process is too important to me and this is not a habit I want to develop. I fucked up