Is it gonnna form a double top or break & retest and shoot up?
These trading ideas are just a part of my journaling, tag along if you want to!
So for this trade, I know, it was a late entry, because I thought that the candle would close bullish (past the resistance). However, it rejected that level. Something to be reminded: always wait for the wait of the candle!
Now, my bias is still bullish. This because the trend is clearly trending upwards on the bigger picture. However, there is a strong level ahead! So let's see how it plays out. if it starts giving signals of bearish structure. Imma cut the loss!
D: Uptrending ..
4H: Start of a new immediate trend (uptrend) sequence of HH and HL ...
1H: There, it is actually in a range.
That being said! it's time to go and do some backtest on other pairs or even play some COD haha.
So for this trade, I know, it was a late entry, because I thought that the candle would close bullish (past the resistance). However, it rejected that level. Something to be reminded: always wait for the wait of the candle!
Now, my bias is still bullish. This because the trend is clearly trending upwards on the bigger picture. However, there is a strong level ahead! So let's see how it plays out. if it starts giving signals of bearish structure. Imma cut the loss!
D: Uptrending ..
4H: Start of a new immediate trend (uptrend) sequence of HH and HL ...
1H: There, it is actually in a range.
That being said! it's time to go and do some backtest on other pairs or even play some COD haha.
ملاحظة
Stops moved to breakeven!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.