I mean, it is pretty clear, the wick is huge on the 4H, giving us an indication that .. it will keep moving down. This pair is also strongly correlated to UJ and GU , which are also falling.. Stop-loss placement is kinda risky, but let's see! Patience is key.
Today was one of these days where I woke up late. However, didn't beat myself up for missing a few setups and waited patiently. After scanning through some USD pairs and fundamental information, I could see that at the moment I was looking at AU for a potential entry, USD was weak AF. Then looking at the 4H structure I could see that the bias was definitely...
Well, I think it looks pretty clean, break and retest! let's see what happens.. lot of rejection on the 1H as well ..
Let's what the market will give us.
Another week! Let's go! Could not really sleep, so decided to have a quick look at the markets ... AN is looking good in my eyes. Share your thoughts. This entry is riskier than usual, but we going! D: Uptrending 4H: broke level and retested ... 1H: just a clearer vision of the retest. share ur thoughts.
These trading ideas are just a part of my journaling, tag along if you want to! So for this trade, I know, it was a late entry, because I thought that the candle would close bullish (past the resistance). However, it rejected that level. Something to be reminded: always wait for the wait of the candle! Now, my bias is still bullish. This because the trend is...
That chart was super clean .. I have been switching to the daily and 4H tf, and has been working perfectly for me, it is actually a madness. Still have to backtest some bits of it, but I am calmer with these TF rather than on the small ones. So let's see wassup: D: wick 4H: wick 1H bearish engulfing .. and to add .. it is trending down on the bigger picture.