FMD - 111105; 15-minute chart (short)

1.) What did I see?
A gap up and a first bar that leaves a long upper tail (somewhat bearish). The second bar is strong, but does not break the morning range high set by the first bar. The third bar is a weak candle that rallies above the morning high, but sells off to close back below that same morning high (and, well into the real body of the previous candle).
2.) What is the entry?
A break of the third bar low.
3.) What is the exit?
1/2 closed after $1 gain, the other 1/2 closed at the 50% line from the retracement of the previous day's low to the opening range high.