From its general trend at the 1h tf, which was broken it meaning its more likely to follow through with a triangle set up and that's why the trade was entered.
Set up wasn't respected, although it stop out on the second entry( the scaling in trade).
With the previous trade taken taken yesterday got a chance to make a scale in, and this further goes in line with the trading plan of scaling in only when the previous trade is in profit.
A break of structure, trends in trends, down trend within another down trend which it broke and made a retest and support level. Going with the triangle set up.
A trade according to a proven and tested strategy, I like to call it triangle set up commonly known as the break out structure. Took a sell after a retest at a resistance area, and made a double top for further confirmation.
Set up wasn't respected. As planned, a retest was made in the significant level, which was part of my trading plan however, it didn't go into play.
Using my strategy, a triangle set up, commonly known as the breakout structure. I enter my trade at a retest of a sensitive area (a area with multiple touches) and I place my Tp at the base of the triangle therefore making me a swing trader as some trades take a day or more. And this one isn't any different