A. didnt pass 0.764 fib - strong support B. candles above 100 SMA - indicating uptrend C. 3 white soldiers - uptrend TP 1 at 0 fib TP 2 at -0.25 fib TP 3 at -0.618 fib SL at prev support
Confirming the double bottom theory and it worked. still to try it again and test.
if u dont see a pattern or a trade, do not enter and stop trading. dont look for something that is not available. money goes to those who are patient.
in first trade SL changed to get at least a small profit instead of loss. Second trade TP Hit.
too many sell orders seen at the flag , market went up to take the sell orders - high liquidity area.
I entered the trade early. Next time wait for Liquidity orders to be taken out then enter Long. EU is gonna go long now
4H candle marked in the yellow box needs to be filled, market turning to previous swings.
A. Flag pattern is formed - Bull B. Triangle pattern C. Break out of triangle pattern - Bull D. TP 1 at prev. resistance E. Strong resistance at 4H
A. respected 0.5 fib which has a previous Resistance at B. C. candles above 100 SMA - uptrend D. Market is on an uptrend forming HH & HL