Executing on a 3rd-drive & Retest of 618/KL (+421 pips)
- This was a great example of how using multiple confulces in alignment with a solid risk management plan can make you absolute bank.
Confluences for this trade include the 61.8% retracement zone, the approaching of the ascending lower trendline, and the key level that the pair was trading at.
Signs of rejections also on the 15min timeframe just during executions were also a major factor that attributed to this trade.
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