Quite simple, buy the 4H 0.382 retracement (also the 1H 1.618 pullback extension) and sell the 4H 1.618, place stop just under recent low pivot
Trade closed: stop reached
Lesson: Using a higher time frame i.e. 4H low pivot as a stop would have resulted in a successful trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.