Hewlett Packard Enterprise Company
Long
Updated

HPE - June 24 Qullamaggie Breakout and Episodic Pivot

95
This is part of a Qullamaggie Breakout and Episodic Pivot study I am currently conducting

Qulla Breakout & EP (Discretionary & Systematic) 🚀
Swing Trend Strategy focused on Breakouts based on repeated momentum and Episodic Pivots based on unexpected news/fundamentals that is not properly priced in. The entery requirements are always price consolidation and tightening
Trade closed: stop reached
Note
- On the D1 Chart it looks like price totally lost momentum and dropped back under the consolidation
- We will monitor and if there is another momentum candle we can enter as I still hold the same conviction
- Could I have exited early? Nope
- If you look at the 15min chart since 22:45 to 00:00 price was making higher lows and tightening. Suddenly at 00:00 price suddenly broke down rapidly. Nothing we could have done here

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