Trendlines, S/R Levels, Chart & Candlestick Patterns are still relevant.
Trade could have worked. It passed all the other criteria (market structure downtrend + bearish fib ret ote zone + bearish ob).
It was just a right trade at the wrong level.
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.
but basically here it is.
Market Structure + Orderblock + Fibonacci Retracement = Failed
Here's why:
Trendlines, S/R Levels, Chart & Candlestick Patterns are still relevant.
Trade could have worked. It passed all the other criteria (market structure downtrend + bearish fib ret ote zone + bearish ob).
It was just a right trade at the wrong level.