Went long on EU based off of wykoff accumulation. What added confirmation to this trade was that there were double bottoms previously created which meant that there were liquidity that needed to be taken from there in order to shoot up. Having faith on our analysis we entered twice more when price went lower than expected because we believed that this was just a way to fake out. Very risky move but it paid pff. Regardless, we should wait for the sniper entry and realistically our only entry should have been #3. Based off the first entry this trade was originally set up to be 1:1RR. Not a PENGUINED trade but to worked out in our favour nonetheless.
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