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
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.
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