MBT (gap up, weak)
Initially strong but first candle very bearish as it can't hold previous day's high and also falls thru $30 easily. Then narrowing candles as we trend down with ema. The 4th is Nr7 off ema and also market turned weaker. This was my short trigger.
Entry: 27.72 Stop: 28.40
1R=27.04 2R=26.36 3R=25.68
We take partial at 1R and leave rest to run. This fell nicely throughout the day and we closed near end of day for $3 gain.
Initial price action weaker than market and so entered a quick scalp short as it pulled back with NR3 bar to the ema and the market turned down. Closed out quickly as $40 was close by.