Missed trade 22 Jan

This is a trade that I had laid out in advance on my twitter account that I ended no taking. Original tweet: https://twitter.com/OvidiuPublius/status/1219608269586563073/photo/1

Since the initial plan price already traveled to the bottom of the range and was looking rather impulsive. Chart was like this when I decided that I will not take the short.

My thoughts at that time were: “Reacted to no apparent strong demand taking only 1 of the 3 obvious previous lows. I was almost ready to pull the trigger but it wasn’t according to the plan. I am not taking the short now since this is too impulsive. I have a bit higher a series of short limits on the swing account”

To be more exact I was talking about missing the long from range low the one that I covered here : https://bitcoininvestingjournal.finance.blog/2020/01/22/almost-a-trade/

Ended up being sort of a perfect trade had I taken it. But that is trading like, more misses and bad execution than perfect hit and runs

A few conclusions after the fact:
1 The trade idea was that price was in range and that it will either spike the top of bottom of the range get some liquidity and continue to the other side.
2 After price came so impulsively from range low the initial thesis was sort of invalidated reason why I did not take the trade
3 Sometimes it may be helpful in playing the setup without overthinking it