market structure going down, here i found a strong ressitance at the 1.330 level for which i would be expecting the market to keep making a formation to provide some sells just paying close attention to this since it is at the area of entry i would just like to see a solid retest with candlesticks patterns
Comment:
i just saw i posted the wrong chart
Trade closed: target reached:
nice analisis however the market had already touched the entry zone and never tested again so i didnt have a good risk reward ratio to get in. it was possible to get in at the 38.2 zone however it would have been a too tigh sl of 20 to tp 60 pips and it was more like adjusting the sl to have the ratio.
i am glad with it anyway cause it was a good analisis and it is important to know when dont take an entry ause its not yours and dont get stressed by it. more opportunities will come so its even tho i didnt take entry i did my job and it was awesome
nice analisis however the market had already touched the entry zone and never tested again so i didnt have a good risk reward ratio to get in. it was possible to get in at the 38.2 zone however it would have been a too tigh sl of 20 to tp 60 pips and it was more like adjusting the sl to have the ratio.
i am glad with it anyway cause it was a good analisis and it is important to know when dont take an entry ause its not yours and dont get stressed by it. more opportunities will come so its even tho i didnt take entry i did my job and it was awesome