Break & retest
Reasons not to enter yet:
1. Price hasnt closed below the level again yet.
2. Last candle is undecided in direction.
3. Price has tested this floor 4 times, this could be a false breakout.
Reasons not to enter yet:
1. Price hasnt closed below the level again yet.
2. Last candle is undecided in direction.
3. Price has tested this floor 4 times, this could be a false breakout.
Comment:
1 Target hit, 1 trade left open still and SL moved to breakeven. I plan to let one run to see if price continues to fall.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
