Only reasons for entry are because of price's continuous respect of the TL, also I had a previous W pattern form and complete coincidentally on the TL as well. Of course there is a lot of liquidity beneath the TL which indicates that a spike can stop me out. However this is the risk I will be willing to take on this trade.
Trade closed: stop reached:
Spiked out.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
