UJ Bias Analysis: After being stopped out at BE on the existing position, price protracted lower prior to NY session and into 1H range EPD (Both minor & major) and mitigated a 15M OB which aligned with a retest of the previous day's true open. Long positions as a re-entry were executed after entry confirmation was received.
Grade: High Quality Valid
What I did well or could've done better:
- I was perhaps too optimistic with my take profit level and should've set TP at the 4H EQH's on the original position.
- I was able to spot the long opportunity shortly after being stopped out and while I was fearful of the outcome at execution, I followed the plan and placed the trade.
Grade: High Quality Valid
What I did well or could've done better:
- I was perhaps too optimistic with my take profit level and should've set TP at the 4H EQH's on the original position.
- I was able to spot the long opportunity shortly after being stopped out and while I was fearful of the outcome at execution, I followed the plan and placed the trade.
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Related publications
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.