I bought this when the large bullish bar appeared. It was as triangle breakout.
The price was also being carried by the 20EMA so I figured this has a good chance of working out.
It would have a good 1.5x RRR too. 20 pips stop and a 30 pip TP
But - I set the size too large. Result, I got scared and cancelled the trade only to watch it zoom up.
Quite a lesson I got got taught today.
I just wanted to document this so I get reminded constantly and so I don't make the same mistake next time.
The price was also being carried by the 20EMA so I figured this has a good chance of working out.
It would have a good 1.5x RRR too. 20 pips stop and a 30 pip TP
But - I set the size too large. Result, I got scared and cancelled the trade only to watch it zoom up.
Quite a lesson I got got taught today.
I just wanted to document this so I get reminded constantly and so I don't make the same mistake next time.
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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.