Technical Analysis:
-Price broke below the MA pretty aggressively
-Now retesting the purple zone which was previous support
-Confluence between the zone and MA
Emotions:
-Saw price reacting to this level a little late, price wicked the kill zone to a T but now I may have missed the entry already. Not rushing into this trade, set my limits just in case price decides to wick up there one more time. But if the targets are met then I will delete the pending orders.
** Saw this trade just a little too late and may have missed the entire entry, but regardless this is a good lesson to see how well price reacts to this setup.**
-Price broke below the MA pretty aggressively
-Now retesting the purple zone which was previous support
-Confluence between the zone and MA
Emotions:
-Saw price reacting to this level a little late, price wicked the kill zone to a T but now I may have missed the entry already. Not rushing into this trade, set my limits just in case price decides to wick up there one more time. But if the targets are met then I will delete the pending orders.
** Saw this trade just a little too late and may have missed the entire entry, but regardless this is a good lesson to see how well price reacts to this setup.**
Comment:
Both pending orders have been activated and now we are up about +35 pips for both entries. Moving SL closer to the entries
Comment:
TP 1 was hit.
Moved SL 5 pips into profit.
Risk Free Trade.
Moved SL 5 pips into profit.
Risk Free Trade.