I won't go into the details as to what to look for to take the trade as that requires educating you and this post is not about that. Tip. Look for the candle to close on the 2 hrly and look at the smaller time frames to decide if its worth the entry.
So far, we have a number of ticks in the box when you look at the chart. The rest is implementation.
All the best,
S.SAri
Comment
Trade closed: stop reached
That flopped. It happens. It can tick the boxes and yet still fail. It was a good trade, Stopped out.
Comment
Is there a lesson that can be learnt from this trade...not really. If I was to criticize it, maybe the pullback was far too deep. to the 0.786 level from a particular reference point.
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