As this is in a downtrend , we were getting a series of lower high and lower lows.
I should have waited for the significant Lower High
at 158650 to be e violated before taking any long trades.
Also , This was a a 618 retracement. This was confirmed by rejections on this fib.
Next time I should be patient. Lesson learned
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I should have waited for the significant Lower High
at 158650 to be e violated before taking any long trades.
Also , This was a a 618 retracement. This was confirmed by rejections on this fib.
Next time I should be patient. Lesson learned