Reasons for
-Firstly we have broken key trend line
-We have had an area of consolidation
-And now we are getting a impulse move to the downside
-We also broke constructive structure !
-So selling the impulse to the downside would be a good idea !
-Previous four hour candle was a engulfing that took out Almost a day worth of Price action !
-Altho this is a counter trend move i am trying to catch the start of a new trend which is risky but with a good Risk reward ! it is very worth taking the risk :)
-Also on the daily the previous daily candles was a bearish hammer
so hopefully we can break this low and then continue lower ! :)
Good luck everyone and have a good trading week :)
Keep good risk management 1% of account :)
-Firstly we have broken key trend line
-We have had an area of consolidation
-And now we are getting a impulse move to the downside
-We also broke constructive structure !
-So selling the impulse to the downside would be a good idea !
-Previous four hour candle was a engulfing that took out Almost a day worth of Price action !
-Altho this is a counter trend move i am trying to catch the start of a new trend which is risky but with a good Risk reward ! it is very worth taking the risk :)
-Also on the daily the previous daily candles was a bearish hammer
so hopefully we can break this low and then continue lower ! :)
Good luck everyone and have a good trading week :)
Keep good risk management 1% of account :)
Dagangan ditutup secara manual
This trade closed For break even No gain or Loss
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.