Price put in a good sized bear bar off a failed breakout of the high of the big bull push. A base formed right on an options level. I sent a buystop at the high and a sell stop at the low of the base. It took the short for a quick 8t T1. I moved my T2 down around the GEX level below in case there was a sell off. Once price broke T2 on the risk reward tool, I moved my stop to T1 which is where it took me out of the trade. I wasn't sure where a good place for my stop was with the consolidation area to the left. Perhaps the lows of that area instead of GEX2? Where it wicked makes sense though since it was where price started the bull move that broke the highs. Still need experience on that point I think.
