However, I was a little too early to the trade with this.
After completing self review, the trade entry criteria was valid and I would take this trade again. However, in hindsight, the strong support being provided by the upwards sloping trend line should have been an indication to exit the trade via a profit target.
However, I was a little too early to the trade with this.
After completing self review, the trade entry criteria was valid and I would take this trade again. However, in hindsight, the strong support being provided by the upwards sloping trend line should have been an indication to exit the trade via a profit target.
Outcome: Loss but valuable lesson learnt.