UJ Short WE ARE DIFFICULT TRADING IS SIMPLE 15minTF CBD
Ladies and gentlemen, if you viewed my last post on this beauty you would have been able to catch this opportunity like me. Of course, I had to find entry on the 1min and 5min but unfortunately and understandably trading view does not allow it. Basically, given the low forecasts for CPI and PPI along with my back-test analysis (UJ is bae), I used confluence with a previous LH point on LTF structure. Price attempted to break through the beer belly with a nice "black ice" candle stick. Next, we have a gravestone doji which was my 2nd clue to lock into this area. Shortly after the market gave me a bearish indecision candle and a juicy bearish candle that didn't quite meet my standards for a variation evening star however price failed to make it back up to the close of the last bullish candle @ 133.250 (psychological level). Price found support @ 133.160 forming a bullish indecision (or spinning top) this time following up with a shooting star showing bulls didn't want that pressure (30min tweezer top). At last, we get a break of minor structure breaking 133.109 and thus respecting the previous LH. Watching this vital area of interest, I watched for about 2 hours as I got 7 rejections and a triple top LTF. This was definitely an "in the zone" trade and my TP came from previous Daily support. Almost a 1:6 R:R 100+PIPS with stacked orders ;-) and trailing stops anticipating PPI @ 8:30am. My last post just like my last several post I've showed optimism even with my bias (newly acquired skill). Secretly I was more focused on my performance than winning this specific trade, making bank off this move or maximizing my pips, also new to me ;-D. Sincerely the determined and disciplined trader. Thank you TradingView. Happy Trading!
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