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This was again a development inside yday balance when i started. But given my available time, i try to take whatever market makes at the time....even if its developing in just 18 point range.
Yes, i made two opportunity mistake in first short trade - one it was little late by 2-3 bars and second it need to quit near 5330. Its not hindsight , i was aware of it very well, but i was of view for continuation after small pullback.
Formation style of pullback point 1 was not good for my short, but still i took it as final exit point. I was still holding, even knowing this trade has changed its track and flowing in different stream.
After stopping out short, formation 3,4 and 5 in conjunction to rejections 1 and 2, threw a picture of short squeeze. Though i had little time to execute , but pace of movements put me in confidence that it will get up fast within 2-3 bars. But it reversed, forcing me to quit.