#5 - Price Action 4H - 1H - 30

H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway

1H: Observing the price action at the key level (breakout, retest, false break)

30M: Finding the best entry for perfect Risk/Reward ratio

Comment:

4H is down trend

Comment:

1H, price is retesting key level or maybe the important key level

Comment:

30m is strong bearish

Comment:

Open 15m to looking up a good entry

Comment:

5m, pinbar appears, waiting for marubozu

Comment:

Hmm, still not good entry, keep waiting

Comment:

Price breaks out for down trend, looking for a retracement to sell

Trade active:

Trade closed: stop reached:

Well, SL just reaches. I put it too low. I should put it little bit higher.