QM pattern formed , Reached Support and Found Demand Area. Therefore Buy
Trade closed: stop reached:
The problem with this trade probably is because the highest peak did not break the resistance on the left. It would be a good trade should the previous high broke the previous resistance.
The only thing this trade went right is the SL. Dont't quite fancy putting SL below the support. Personally i think if this trade works , then it would have probably gone up when it hits SnR and SnD all together.
The give away of this trade is : For QM entries , make sure the Breakout breaks support or resistance before making a deep pull back to QM level for Entry.
The only thing this trade went right is the SL. Dont't quite fancy putting SL below the support. Personally i think if this trade works , then it would have probably gone up when it hits SnR and SnD all together.
The give away of this trade is : For QM entries , make sure the Breakout breaks support or resistance before making a deep pull back to QM level for Entry.