Reason For Entry
- The brake of 4H trendline
- A retest of 1H resistance
- .5 Fib retracement
Reason For SL
- Above highs
- Inside 4H trendline
- Above strong resistance
Target
- Targetting previous lows
Comment
- This trade I had lined up since the market close on Friday, however, I never placed an order to enter as I wanted to see where market open.
- Ideally, I should have been more focussed and kept a close on this trade as its running at around 8% with zero drawdown
- Next time I will be sure to keep a close eye on market open and proceed from there
- The brake of 4H trendline
- A retest of 1H resistance
- .5 Fib retracement
Reason For SL
- Above highs
- Inside 4H trendline
- Above strong resistance
Target
- Targetting previous lows
Comment
- This trade I had lined up since the market close on Friday, however, I never placed an order to enter as I wanted to see where market open.
- Ideally, I should have been more focussed and kept a close on this trade as its running at around 8% with zero drawdown
- Next time I will be sure to keep a close eye on market open and proceed from there
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.