I am looking at a down weekly candle/template or perhaps a bearish doji weekly candle.
I set my limit sell on that wick above the 09:45 EST 15 min candle with a 50 tick stop and a 150 tick target for a 3:1
I am not interested in the middle of the range as that is where price is bouncing from
I see ramped volume on Tuesday with the low of Tuesday suspended above 2024 yearly open price and the peak formation low.
Not
Not
Price is almost to my limit sell. Come to Papi.
İşlem aktif
Patience pays off, got my entry where I wanted it.
Entry 38,837 Stop 38,887 Target 38,662
50 tick stop 175 tick target 3.5 risk reward
İşlem aktif
Trade is not behaving as expected, it seems to be a losing trade.
İşlem elle kapatılmış
Took a small loss on the short position as I was wrong. Took a -0.75R loss so not a full 1R loss. Reversed my position to bullish as this is what the market is showing me.
Entry off of the 4 hour bull 180 close
entry 38,870
stop 38,820
target 39,021
I have no problem admitting I am wrong, as I am quite often. As long as I stick to my 3:1 then over the long term I will be profitable
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