Its been awhile.
Here is just my perspective. Not a Financial advice.
BUY ENTRY between 1861 to 1865
Confluence 1: D1 bullish pin bar candle stick
Confluence 2: Divergence on H4 timeframe
Confluence 3: Not yet fully confirmed
a short buy
First TP: 1885 to 1889
Second TP: 1910 to 1916
SL: 1842
Here is just my perspective. Not a Financial advice.
BUY ENTRY between 1861 to 1865
Confluence 1: D1 bullish pin bar candle stick
Confluence 2: Divergence on H4 timeframe
Confluence 3: Not yet fully confirmed
a short buy
First TP: 1885 to 1889
Second TP: 1910 to 1916
SL: 1842
Note
So, why dud this fail? the major reason i believe for its failure is because the divergence was not at a support area which was important to serve as third confluence. Lesson learnt
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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.
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.