Yesterday it trended the whole day without any consolidation. Today the consolidation was expected and it did actually consolidate creating a barb wire. Looking at the overall trend, momentum and likely consolidation, cannot we buy at the level as marked without waiting for confirmation? Think about it.
I sold the 8900PE at 81.5 with 5 points of SL and could come out with 5 points of profit at end despite no favorable price movement after the entry.