ZLH 15m Long 2025-01-20 10:50PM
Maybe I should call this a 5m timeframe. I did my analysis on a 15m, but refined my zones on a 5m.
Also, I was doing my analysis late on the 20th, and was seeing my target as the upper curve. If I had taken that trade, I would have wanted to follow with my stop, but I was about to go to sleep, so if my entry was filled, I wouldn't have been able to manage the trade, so I went to sleep. Upon further analysis the following morning, I realized that, by looking for a target on the 5m, I would have found a good target for a limit order.
So if I had been able to stay awake, this would have been my setup:
- Upper curve found on 1h on Jan 15: ***46.53-17.10***
- Lower curve found on 1h at 1am Jan 9: ***41.27-41.05***
- Entry zone: 45.81-45.77
- Target zone: 46.12-46.33
My question is: Would that have been a good trade based on solid analysis, or am I just seeing in hindsight that it *would* have worked, and tailoring my analysis to fit what the market actually did but based on weak data? Like maybe my profit zone should have been drawn based on the high on 1/16 at 06:30 or so?
Also, I was doing my analysis late on the 20th, and was seeing my target as the upper curve. If I had taken that trade, I would have wanted to follow with my stop, but I was about to go to sleep, so if my entry was filled, I wouldn't have been able to manage the trade, so I went to sleep. Upon further analysis the following morning, I realized that, by looking for a target on the 5m, I would have found a good target for a limit order.
So if I had been able to stay awake, this would have been my setup:
- Upper curve found on 1h on Jan 15: ***46.53-17.10***
- Lower curve found on 1h at 1am Jan 9: ***41.27-41.05***
- Entry zone: 45.81-45.77
- Target zone: 46.12-46.33
My question is: Would that have been a good trade based on solid analysis, or am I just seeing in hindsight that it *would* have worked, and tailoring my analysis to fit what the market actually did but based on weak data? Like maybe my profit zone should have been drawn based on the high on 1/16 at 06:30 or so?
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