Price broke the descending channel however still held this resistance which was also 707 fib and creating a double top. Entry was the 4H bearish doji showing the res was holding.
The DXY also broke a key daily resistance so correlating to NAS down.
Lessons Learned: Not much it was more of an unlucky trade, stops were tight but safe just above 78.6 fib and unfortunately just got wicked out by a pip or 2
The DXY also broke a key daily resistance so correlating to NAS down.
Lessons Learned: Not much it was more of an unlucky trade, stops were tight but safe just above 78.6 fib and unfortunately just got wicked out by a pip or 2
Comment:
Lessons Learned Continued: That was a chased loss thinking back on it, i saw the 61.8 failed to be respected, the descending channel broken and i had just experienced a loss an hour before so that's 3 REASONS NOT TO ENTER, i should have missed this one out
