By the way I never asked if you are okay if I call you "C" lol ?
Lately I have been following Sam Evans, and I think I connect with him the most regarding trading. He looks at very high time frame, usually nothing lower than 4hr time frame. So I am trying to shadow his trading style.
As for the trade you are correct it is in a down trend on the daily, and it is also in a down trend on the weekly. But when you zoom out onto the weekly price is in a weekly demand zone. You can check out the link to see:
So I realized that I was getting stopped out of alot of trades so I am changing things up and trying to shadow Sam Evans. So I am looking to buy setups in Weekly Demand Zone or very near Demand Zones which is considered low on the curve. For short setups I am looking for setup in Weekly Supply Zones or very near Supply Zones which is considered high on the curve.