As this is in a downtrend , we were getting a series of lower high and lower lows.
I should have waited for the significant Lower High
at 158650 to be e violated before taking any long trades.
Also , This was a a 618 retracement. This was confirmed by rejections on this fib.
Next time I should be patient. Lesson learned
Penafian
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I should have waited for the significant Lower High
at 158650 to be e violated before taking any long trades.
Also , This was a a 618 retracement. This was confirmed by rejections on this fib.
Next time I should be patient. Lesson learned