A sharp spike took my out for ~0.5R more than my risk.
I was confident with this trade as it was setting up, and liked the confluence of the Daily ema and D1 Bull Channel at the 61 Fib level.
Did not take as I was waiting for the higher timeframe set up, with a sell trade at the D1 Bull Channel and Daily ema.
I missed this one, as I was concentrating too much on whether or not the 1hour MAB at the Lo-Hi GZ would be a good trade. By the time I had decided that it might not be the best set-up, this one had come and gone.
Hi Joel,
I sold the break back below 10800 and missed this setup you’ve marked up, first trade of the year a loser 🙁
I’d marked up the buy ABC setup as you’ve shown then talked myself into a sell !!