Reasons for entry:
- Uptrend
- TL touch
- Support holding
- 61.8 Fib lining up perfect with support
I got in the 61.8 wick impulse abit late but im still gaining experience with these type of trades. Here i was stopped out at BE unfortunately to the pip but a BE is better than a loser.
Lessons learned: I should have got in on the proper wick at the bottom. This would have caused a much higher RR and i would still be in the trade now and would be up about 4-6%.
- Uptrend
- TL touch
- Support holding
- 61.8 Fib lining up perfect with support
I got in the 61.8 wick impulse abit late but im still gaining experience with these type of trades. Here i was stopped out at BE unfortunately to the pip but a BE is better than a loser.
Lessons learned: I should have got in on the proper wick at the bottom. This would have caused a much higher RR and i would still be in the trade now and would be up about 4-6%.