Went Long in this area off the Low, Lower Lower and what appears to be Higher Low sell sweep, adding confluence
was that the rejection area was the 0.78 Fib Level from the Macro High Low to the Higher High level. Tight SL, but
if this trade does go my way looking for a retest of 12K with the expectation that this trade could evolve from a
scalp into a swing trade.
Wish me luck
was that the rejection area was the 0.78 Fib Level from the Macro High Low to the Higher High level. Tight SL, but
if this trade does go my way looking for a retest of 12K with the expectation that this trade could evolve from a
scalp into a swing trade.
Wish me luck
Comment:
In a small profit as price went up but it's now about how it's going up, that is with no real vigor. I like to see strong pushes off Fib levels, probably will move my SL to break even.
Comment:
SL moved to break even
Comment:
Price stalled out at an area of resistance and is being rejected, last 4H candle closed as a doji which is at a resistance level, consecutive hourly candle closes below the low of the doji. Expecting my SL to be hit and we move lower where i'll continue to hunt for long entries
Comment:
guess my expectation was incorrect, reclaim of the level so more upside
Trade closed: stop reached:
Break entry SL hit, on to the next