If i did or made something wrong plz lemme know, i am not a pro trader nor a newbie. I am going long on this trade because of the uptrend on the higher time-frame,level of resistance became support and was tested multiples times by the market making it a major zone. Of course i will not buy imitatively when the market open but wait for a chart pattern like engulfing or a break above close above candle to do so. Im well open for opinion even critiques.
Kommentera:
live i did not enter this trade since the market was already going toward my sl and there was no reason of taking a trade even if price action like engulfing happen in your psychologically bad zone. but i will take this a lost and try to find out what happened.If any suggestion lmk ,