UJ Bias Analysis: With 4H displacement lower, and an alignment with the daily short bias, an Optimal Alignment entry presented itself which was in line wit the 1H range. Price traded higher over the course of Asian session into 1H EPD and priori to London open protracted higher, sweeping TBL before displacing lower, where entry confirmation was received.
Grade: High Probability
What I did well or could've done better:
- Did not frame the initial entry the market presented due to the large stop loss, even though the R:R criteria was met.
- Stayed focused and was able to execute on the next opportunity that presented itself, despite having a larger stop than the first position which resulted in a lower targeted R-multiple.
Grade: High Probability
What I did well or could've done better:
- Did not frame the initial entry the market presented due to the large stop loss, even though the R:R criteria was met.
- Stayed focused and was able to execute on the next opportunity that presented itself, despite having a larger stop than the first position which resulted in a lower targeted R-multiple.
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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.