The mother bar is long enough to deserve a trade.
EP:52.41
SL:52.81
TP:51.61
EP:52.41
SL:52.81
TP:51.61
Trade closed: stop reached
This trade afforded me a useful lesson. It is plausible that I wanted to join in the bearish trend via inside bar. Actually, I just made a terrible mistake -- sell at the lower price. In addition, I ignored the 0.618 resistance just below my entrance point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.