Did not check news calendar; process error
Some doubt and uneasiness about setups but intuition was good on this one
Seems like a buyer trap but I suspected it was fake as the location and flow (rollover at extreme and trap target) did not align
But the apparent buyer trap made me doubt the trade and exit
But after looking at it on the 1min, I realized the apparent sharp reaction of the buyer was not as strong at all and there was a clear trap on the seller side that gave favor for my trade
So I got back in and it was a smooth ride
A VERY INTERESTING SETUP WORTH FURTHER STUDY
Remain objective
Do it again and again
Reason through it
See everything
Some doubt and uneasiness about setups but intuition was good on this one
Seems like a buyer trap but I suspected it was fake as the location and flow (rollover at extreme and trap target) did not align
But the apparent buyer trap made me doubt the trade and exit
But after looking at it on the 1min, I realized the apparent sharp reaction of the buyer was not as strong at all and there was a clear trap on the seller side that gave favor for my trade
So I got back in and it was a smooth ride
A VERY INTERESTING SETUP WORTH FURTHER STUDY
Remain objective
Do it again and again
Reason through it
See everything
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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.