View: missed LULUlemon opportunity
missed LULUlemon opportunity
This happens to me all of the time. On a momentum breakdown like you have here, the breakdown entry is on the new low of the day at 3:05. Stop-loss either above that consolidation, or trail it above the 20 EMA. If I ever get faked out, that's my re-entry.
The 20 EMA on a 5-minute chart