1.) What did I see?
A very big gap down and weak first bar. The second and third bar showed strength coming off the bottom, and the third bar closed above the retracement zone of the opening range high to low.
2.) What is the entry?
A break of the third bar high.
3.) What is the exit?
1/2 closed after $1 gain, the other 1/2 closed at the retracement zone of the previous day's high to the morning low. That seventh bar was strong and continued to run, making me second guess my exit. But, price made a sharp reversal and went sideways the rest of the day.
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