Following your trade entry rules is the key to avoiding Following your trading plan is the key to being a consistent trader! Make sure you have thought out objectives that are being hit prior to entering a trade. We want to create a system where once your initial signal is hit (such as a HTF supply zone mitigation, strong level hit, FVG mitigation), we then...
Finishing what I see as the 5th position of consolidation (as seen on the Daily) and that'll finish the ABC pattern as seen here on the hourly chart. Always follow your personal strategy (that you've back tested of course) before following ANY analysis on Tradingview.
This Bat seems like a nice one because the 4hr candle confirm the entry with a Doji candle .In this one i going to take half of the profits in .382 retracement and adjust stop to break even in order to reach target 2 in .618 fibo retracement. Have a Nice Week in the Markets !!
Just a short trade review which should emphasize the absolute necessity of your trading plan! Just FOLLOW YOUR PLAN! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl