TGT (gap down)
Weak price relative to market in first few candles as we break thru the OR. Candles 5 and 6 provide the sideways pullback we want. Short on market downturn.
Entry: 31.60 Stop:31.90
Fib Ext: 31.16
1R=31.30 2R=31.00 3R=30.70
We take partial at 1R then leave rest to run. This is closed towards end at around 5R gain. Missed the big fall at the end, but you can't get them all.
Also tried a FDX short for short term scalp near end of the day. But closed this at breakeven.