Here we can see on the 4 Hour chart that the Stochastic Oscillator is giving us the buy signal. We are also in our demand zone and the uptrend retest our previous structure high. We are also above the ichimoku cloud and our two SMA intersected. Price retraced to our 61Fib levels. Expecting price to push up to equilibrium
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Trade hit stop lost, was very confident about this trade but market failed to maintain structure.
Broke my rule and entered trade on my equilibrium. I should never do that
Broke my rule and entered trade on my equilibrium. I should never do that
C Nicholas Downie