Bias Analysis: Major daily swing was not yet in EPD and with consecutive bearish day within a trend lower and a previous daily close with a large wick to the upside the narrative was short. Trade was within 1H range to the downside and at 1H EPD.
Grade: Valid
What I did well or could've done better
- Followed the plan, observed both scenario's (long and short) and executed in line with my plan without hesitation.
- I should've however, stuck to the 4H FVG which was more refined instead of opting for the 1H FVG which provided a larger area for my criteria to be met. If I had stuck to the 4H, the HTF criteria would not have been met as price invalidated this before execution.
Grade: Valid
What I did well or could've done better
- Followed the plan, observed both scenario's (long and short) and executed in line with my plan without hesitation.
- I should've however, stuck to the 4H FVG which was more refined instead of opting for the 1H FVG which provided a larger area for my criteria to be met. If I had stuck to the 4H, the HTF criteria would not have been met as price invalidated this before execution.
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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.