As this is in a downtrend , we were getting a series of lower high and lower lows.
I should have waited for the significant Lower High
at 158650 to be e violated before taking any long trades.
Also , This was a a 618 retracement. This was confirmed by rejections on this fib.
Next time I should be patient. Lesson learned
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
I should have waited for the significant Lower High
at 158650 to be e violated before taking any long trades.
Also , This was a a 618 retracement. This was confirmed by rejections on this fib.
Next time I should be patient. Lesson learned