GJ Sell

Updated

DAILY: Uptrend. Hit -61.8, then reversed but retested daily trendline for the buy

4HR: Uptrend. Ranged and finally Hit -61.8. Bearish divergence

1HR: Downtrend. Trended up, hit -61.8 and reversed. Broke and retesting 1Hr trendline for sell. Bearish divergence


CURRENTLY:
I am looking for price to retest previous support as resistance and sell to previous resistance

(~300 pips)
Trade closed: stop reached
PRO: Lesson learned
CON: VERY poor entry
LESSON: WAIT for CLEAR retest before entering the trade. If no retest = no loss. If it takes off w/o retest, just wait for next opportunity = no loss
The downtrend hit -61.8 = time for buy (not sell).
FibonacciSupport and ResistanceTrend Lines

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