NZDUSD 0.5% loss
Time of entry: 8AM
Reasons for entry:
- Solid 4h break and close below this level
- Retest on 1h
- Failing to close above the 50 MA
Lessons learned:
- Against daily trend with no trend reversal patterns so Don't Trade against Daily trend unless a clear reversal pattern shows!
- The 1h candle retesting the res closed above, so I shouldn't have even entered, if I were to enter on the possible takeout then I needed a candle to close back below
Reasons for entry:
- Solid 4h break and close below this level
- Retest on 1h
- Failing to close above the 50 MA
Lessons learned:
- Against daily trend with no trend reversal patterns so Don't Trade against Daily trend unless a clear reversal pattern shows!
- The 1h candle retesting the res closed above, so I shouldn't have even entered, if I were to enter on the possible takeout then I needed a candle to close back below
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.