The volatile spike on earnings at a key retracement level on
SLB
triggered a long setup to retest the high.
Trade closed: stop reached:
Did not work. Problem was price bouncing off the Daily resistance of the 50% move of the COVID crash. Just didn't have the momentum to break it with today's market volatility.
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Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade