After Tp in XAG ,Right now i am in drawdown with
buy EURUSD
buy EURUSD
Note
My mistake when take entry this setup is not check confirm price actionNote
what is best condition for counter trend setup ?Note
1 :when Downtrend is dominance cycle. Price tough demand zone pullback that is natural movement.
Do not entry right here.That is big mistake
2 : We can wait price action pullback to breakout level and follow sell. This is key
Note
1 : Buy demand with Pinbar candle is signal .Not really 2: If you really want buy in demand.
Please wait for price action comfirm.
3 : Go high timeframe - check H4 close,H1 close ,Go lower time frame check structure
Note
Best entry with lower timeframe is WYCLLOFF PHASE + Candle close above SMA 20
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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.