Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.
One can also be smarter before the fact.
1) you have your resistance - no breakout. Why assume it will?
2) the support area from your lines (perfectly drawn btw - nothing wrong with them) is a more likely target.
3) what was your target and stop-loss - hence your R/W ratio?
4) I went short on the bad news. Made some pips. Had my stop loss so didn't make much of it. Then waited - and boom! A reaction from the dear president sent the indices to hell.
+500 pips on the day
Sometimes you have to wait. I think the market saw the tariffs as an opportunity for a big rate cut at first and then got nervous.
I know you state that your chart is for entertainment only. But still - suggest a strategy for enter/exit. Many of us are trading with real money :-)
Sometimes you take a risk, and it does not work out. As long as you are right more than wrong you win. Post your analysis as you trade. I will follow it and catch you many times I'm sure:)
I am done publishing charts. I have some on a weekly and daily basis that I keep in mind. I then trade on Price Action during the day.
I have seen your charts and they are not bad. All I am saying is that I am seeing a lack of confirmation and stop-loss/profit taking.
Without them they are more or less useless. I say the market go up and eventually i get it right due to lack of perspective.
You can make money even if you are wrong more than right and vice versa. Risk management is king in this game.
So with all due respect I beg to differ :-)