I am not staying for the FED action today so I wanted to post a chart before I quite for the day. For BAC, I liked the ascending triangle on the 5min chart (and the action looks also good on the 15 min chart). I liked the contraction of price range which lead to an expansive move. I entered at 27.31 and my stop loss was set at 27.20. First target was at R2 or 27.62 and that was reached in less than 10 minutes. I was hoping BAC will get to 28.00 and I would had exited there because it is a nice round number, but BAC reversed before that point. My entry and exits are marked on the chart.
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