I initially entered a short trade but I realized that was careless of me so I canceled it. My initial bias was long but I changed my mind carelessly halfway through. I am waiting on a valid entry as per my chart I have two plans.
Plan A - Depending on what price might do If it makes a breakout to the upside I will enter and ride it out as per my TP or lower
Plan B- wait for price to break through the resistance level to the upside and enter BUY trade there
Plan C - In the case of a breakdown I will enter all the way to the bottom
Plan A - Depending on what price might do If it makes a breakout to the upside I will enter and ride it out as per my TP or lower
Plan B- wait for price to break through the resistance level to the upside and enter BUY trade there
Plan C - In the case of a breakdown I will enter all the way to the bottom
Trade active:
Went with Plan C
Trade closed: target reached
