Still a bullish trend above the 50 and 200SMA but price was in a triangle pattern which is typical of a wave 4 I believe. I wanted to play this reversal back up as I had missed the high wave candle liquidity grab at the bearish order block at US market open. Analysis in the picture. Unfortunately this didn't work out as I think the triangle is ending.
Had to wait for price action to give me another good signal because I didn't want to get trapped in the whipsaw. My patience paid off here. My analysis is in the picture. If you have any advice on any of my trades, please leave a comment as I'm always learning.
Unfortunately, this didn't pan out but I managed to exit for just above BE when I knew something was wrong. This is on my evaluation account to get funded so I have to consider drawdown. Once there is a considerable buffer in my account, I will increase my position size from 1 contract. My analysis is in the picture.
First log of my trades on here. I have put my analysis in the picture