Shardy's Day Trading Journey - Day 19

I wanted to point out a trade that happened today that a true expert might have turned into a winning trade but for me it was a losing trade. Hopefully you can learn from my mistake.

In the picture you will see a red arrow indicating the sell from the top of the Bolinger Band. This trade went well from the get go as it went down lower the next two bars. However, on third bar a Dogi formed. A dogi is only as strong as the last bar. In this case I did not think it would be so strong. In hind sight I wish I had moved my stop to break even after the dogi had formed. You can clearly see that after it did price jumped up rapidly leaving me kicking and screaming early in the day.