Lost trade Nov 13th AUDUSD -20 pips, false trend push
Bought 17 pips into the trend. Was waiting for 2 bullish closing candles to form in the 1H, which happened. Entered a buy, looking for price to reach the next
MLQP at 0.7300 . Immediately after entering, the market reversed and hit my SL, at the line of resistance. At the time of me writing this, it seems there is another bullish trend (4 closing candles), and now correcting. Price plays off of 0.7200 and 0.7300.
MLQP at 0.7300 . Immediately after entering, the market reversed and hit my SL, at the line of resistance. At the time of me writing this, it seems there is another bullish trend (4 closing candles), and now correcting. Price plays off of 0.7200 and 0.7300.