I took this trade base on a basic Broadening Descending Wedge pattern. Price looked like it was respecting a 1D order block and looked as if it was ready to reach up towards the top of the wedge.
Once again I've entered too early and waiting for price to pull back further into the OTE zone would have been a better option. The trade is still live and I haven't been stopped out yet, but it was not a good entry. I rushed into the position and once again should have waited for a better entry.
Once again I've entered too early and waiting for price to pull back further into the OTE zone would have been a better option. The trade is still live and I haven't been stopped out yet, but it was not a good entry. I rushed into the position and once again should have waited for a better entry.
Note
I took the entry on the 1H after noticing a smaller fractal of the same pattern withing the larger 1D BDW pattern. 
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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.