On the daily timeframe, the market was in a bearish move. Therefore, my trade was wrong.
Always look at your daily and even weekly timeframe to know if its bearish or bullish. In this case, I should have waited for a SHORT opportunity due to the fact that CADJPY was in a BEARISH Trend on the daily and even weekly.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Always look at your daily and even weekly timeframe to know if its bearish or bullish. In this case, I should have waited for a SHORT opportunity due to the fact that CADJPY was in a BEARISH Trend on the daily and even weekly.