pretty self explanatory here. This exact pattern happened just recently on this chart and worked beautifully, as i've illustrated if u zoom out or scroll back. should be fun! Enjoy
The nature of trading and the markets.... the idea is working fine, however i had moved my stop loss up to the newly formed pivot in order to protect some profits, and then that candle happened! Lol. Stopped me out of the trade then reversed aggressively. At least I made a small profit, i'll take it. Have to roll with the punches, so to speak. Ha! Happy trading, i hope this didnt happen to others who were in this trade as well
Sensei
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Readjusted the trendlines a bit. taking my entry here
The nature of trading and the markets.... the idea is working fine, however i had moved my stop loss up to the newly formed pivot in order to protect some profits, and then that candle happened! Lol. Stopped me out of the trade then reversed aggressively. At least I made a small profit, i'll take it. Have to roll with the punches, so to speak. Ha! Happy trading, i hope this didnt happen to others who were in this trade as well