1. Reaching key resistance at 2418
2. 1h candle at 7am closed wick relatively long top-wick suggesting struggle to continue trading higher
3. 1h Break of previous high and then traded into candle open
4. 30m candle closed under resistance, creating a fake-out
5. Break & retest of wick on 8:30 candle
Entry: entered on 8:30 candle break of low
Counter-trend trading meant that I aim to secure tight target.
2. 1h candle at 7am closed wick relatively long top-wick suggesting struggle to continue trading higher
3. 1h Break of previous high and then traded into candle open
4. 30m candle closed under resistance, creating a fake-out
5. Break & retest of wick on 8:30 candle
Entry: entered on 8:30 candle break of low
Counter-trend trading meant that I aim to secure tight target.
Hold nothing sacred in search of truth
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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.
Hold nothing sacred in search of truth
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.