ADAUSDT
Short position on pin-bar at 4H resistance.
Stop placed above boxed out, relative key rejection zone that's held for around 6 days.
Targeting lower support for a 1:45R with potential trouble area around 0.08085 still offering 1:1R
Trade active:
Went to sleep on this one assuming I'd wake up to a green screen.
How my stop didn't hit i don't know. Good placement and a dash of luck i guess.
Will manage today and hopefully watch market structure play out to the downside.
If entry zone looks to become support cut the trade.
How my stop didn't hit i don't know. Good placement and a dash of luck i guess.
Will manage today and hopefully watch market structure play out to the downside.
If entry zone looks to become support cut the trade.
Trade closed manually:
Closed tarde out at B/E.
Entry level now looks like it could be closer to forming support on both the 1H and 4H.
At this point i feel I'm shorting support and a newly formed lower high and thats not part of my system.
Entry level now looks like it could be closer to forming support on both the 1H and 4H.
At this point i feel I'm shorting support and a newly formed lower high and thats not part of my system.