Attempted to take this trade twice based on a 4hr/daily zone.
The first trade hit my SL almost immediately. When it crossed the zone again, I doubled up and thought I would catch the bearish momentum. Instead, I was wicked out. I am going to wait for a 15 min closure below the new low or a break above the 1hr high before considering re-entering this trade.
The first trade hit my SL almost immediately. When it crossed the zone again, I doubled up and thought I would catch the bearish momentum. Instead, I was wicked out. I am going to wait for a 15 min closure below the new low or a break above the 1hr high before considering re-entering this trade.
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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.