AU Bias Analysis: With a clear bearish leg on the 1D as a result of a bullish dollar, Price has now established a Counter Trend towards 1D EPD. The long entry is in line with the current bullish 1H range and price retraced to the 50% fib retracement level on the initial entry and the 79% fib retracement level on the second entry which is floating at BE.
Grade: High Risk
What I did well or could've done better:
- I was not confident in he initial entry due to multiple factors indicating that price would retrace deeper into 1H discount but I followed the plan and executed regardless of what I thought would happen.
Grade: High Risk
What I did well or could've done better:
- I was not confident in he initial entry due to multiple factors indicating that price would retrace deeper into 1H discount but I followed the plan and executed regardless of what I thought would happen.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.