Euro / Australian Dollar
Short

EA -2% Loss

48
Time of entry: 12pm

Reasons for entry:
- Break and retest of daily support now res
- 618 fib lining up with midline of res
- Evening star presented on 1h

Lessons learned:
- Check sentiment before entering trades
- Don't counter trend trade without valid reversal pattern, daily trend was still up
- Bull flag was there too so even more reason for res to break

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.