Failed Idea during Profitable Trade, FALSE MITIGATIONS!!!
OCCURED DURING TRADE MANAGEMENT PHASE:
(although this can happen ANY time interpretting the market)
*note* its also important to remember that if price is tapping into a specific demand/supply area too many times or for too long....
its WEAKENED! the idea that price is sitting an area without breaking a level its "on", makes it stronger; THATS RETAIL LOGIC. its so easy to misinterepret these things. i failed to see this.
still was profited from trade, but seriously disappointed in misinterpreted ideas. need to learn from this bc it could seriously bite me in the ass.
(although this can happen ANY time interpretting the market)
*note* its also important to remember that if price is tapping into a specific demand/supply area too many times or for too long....
its WEAKENED! the idea that price is sitting an area without breaking a level its "on", makes it stronger; THATS RETAIL LOGIC. its so easy to misinterepret these things. i failed to see this.
still was profited from trade, but seriously disappointed in misinterpreted ideas. need to learn from this bc it could seriously bite me in the ass.