Monthly:
- Trading above significant S&D zone
- Potential Bullish M
- IC as S&D zone
Weekly:
- Bullish MS
- Bullish candle close
- Inv H&S + Bullish M + IC
- Buying zone
Daily:
- Bullish
- Inv H&S
- Lot of IC's also in this zone
- 'Real BOC' of bullish M is still valid
*Bearish MS in relief phase + IC is holding down the price and impulsive bears are present
4H:
- Bullish
- Inv H&S + Bullish M and IC
- Waiting on deceleration for entry due to heavy bears are present
*Possible limit at 3 AM
Trade closed: stop reached
Review:W/
+ Pattern and bullish candle close
D/
+ Overal Bullish MS
+ Bigger Inv H&S with break
+ Clear daily buying zone with multiple IC's
- IC holding the price down
- Clear selling region where price is coming impulsively
4H/
+ Bullish driver
+ Bullish M
+ Smaller Inv H&S
*Daily Inv H&S is clear
- Impulsive PA from selling zone
- The 4H Inv H&S was not a clear Inv H&S due to S1 wick way below the head (clear to see on the 2H TF that it was not an Inv H&S)
Reason for the loss:
- No clear 4H criteria was matched
- Inv H&S that was taken could be a BE trade even tough it was not a valid set-up
- SL was based on the longest wick + 15 pips because of the "feel good" emotion, If I placed my SL under the 4H pattern, it would be a BE trade
W:
D:
4H:
2H:
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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.