Short
SUPPLY AND DEMAND - EURUSD (13 -18 Dec 2021)
MN TF
In downtrend
WK TF
Price is in selling pressure
D1' Direction
Price is ranging between 2 extremes but still in downward trend
H1 Entry TF
2 BUY zones identified
In downtrend
WK TF
Price is in selling pressure
D1' Direction
Price is ranging between 2 extremes but still in downward trend
H1 Entry TF
2 BUY zones identified
Trade active
Order triggeredTrade closed: stop reached
Move Sl to BE too soon. Price did move in predicted direction.lesson learned, do not move SL anyhow.
Note
Note
Enforced lesson: DO NOT BE MOVED BY EMOTIONS AND MOVE SL TOO SOON!Price went towards the original TP level.
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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.