Yesterday we expected a second push upwards.
In the morning we saw price moved below the sma21-8 and so we could expect a move back towards the sma89. Anyway also looking to the abov time frames it looks if we dd not managed to go to the sm89. So I decided to trade at 09:00 the entry candle gave us a retracement of 25% so we were in
SL just below engulfing bar (last Low)
TP reversal pattern, 161,8%fib or ADR-level.
after 6bars we saw a reversal bar. with in my mind that th market rhythm was also suggesting a move back to the sm89 I stopped the trade
around 11:00 I tried to get a trade in an up-move....after some bars it went against me and I could save e few pips.
at 14:00 I entered a valid trade. after a bullish engulfing pattern I bought...unfortunately I did not follow my SL (stop trade after a reversal pattern showed up) 13:45 would be the right stop place
at 14:30... I lost my trading plan....not trading following the rules.... I could manage a small win.
at 15:30 there was our trade of the day....
showed an bullish engulfing pattern...at the sma89. give us a small retracement. And from there we were in the trend. I stopped around the the 161,8%fib.
In total I could manage a win of 180,5pips for today.
I'm really impressed until now! Let's move to the next day :D
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