I use perpeptual chart, so it would not accurately depict the behavior.
But closing on Daily is worse than I thought. The descending channel could be annuled at this rate. Well, to be expected as my previous idea becus it lacked a dominant movement before entering the channel.
There is confirmation on 4h as well. Basically, my idea relies entirely on what I saw, i saw bearish signal…
But closing on Daily is worse than I thought. The descending channel could be annuled at this rate. Well, to be expected as my previous idea becus it lacked a dominant movement before entering the channel.
There is confirmation on 4h as well. Basically, my idea relies entirely on what I saw, i saw bearish signal…
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4h chart
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Actually, i did miss the entry. So now looking for an entry. I expect somewhere around 26850
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Gotcha
Order cancelled:
Urgh…guess u also see what i mean here
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I always scan timeframe to timeframe and I do believe that smaller ones often lead the bigger ones. Tho, Daily did’t physically break yet on chart but I use rsi as my entry. It could be wrong, therefore a stoploss. And now I just spotted this freaking 1h chart with its own successful break. Safe is always better than sorry. I bailed. Lol
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I am happy that everyone read my trade, but hopefully u will read until this comment. I already cancelled the initial trade and follow the H&S on 1 hour chart. So if u read this, agreed with me just as the initial and not the H&S. It would be in loss now.
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Tradingview should have an option to view the trade is closed, cancelled or not base on the decision in midway of the author. Dem, this makes me anxious, lol. Stay safe, everyone, safe is better than sorry.
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Once again, i hope everyone profit with this, instead of the initial