Hi Guys,
Hope you are all eager to start the week! Today, I have a position taken on EN which I mark as VALID as it is not the cleanest setup and by far I could have waited for the market to develop more. As you can see in my forecasted notes and pencil mark actually, but I was more than happy to accept the valid position for that early entry. Let's see how this one plays out!
Positives:
- Structural
- Corrective final touch with slight extension to pattern
- still within the lows
- descending structure indicates reversal signs near low
Let's see if this early play yields results!
Have a great week!
Hope you are all eager to start the week! Today, I have a position taken on EN which I mark as VALID as it is not the cleanest setup and by far I could have waited for the market to develop more. As you can see in my forecasted notes and pencil mark actually, but I was more than happy to accept the valid position for that early entry. Let's see how this one plays out!
Positives:
- Structural
- Corrective final touch with slight extension to pattern
- still within the lows
- descending structure indicates reversal signs near low
Let's see if this early play yields results!
Have a great week!
Trade closed: stop reached:
-1% on this one, as you see in my initial comments it was marked as valid. Probabilities though! - Let your edge play out!