If not for the fine margins in my loss, I’d have achieved the +2R I was looking for!
The 1hour MAB was the trade I should have been taking here. For this screenshot I’ve moved the 50-61 Fib level of the bigger set up, and this is probably what I should have been trading off.
I thought I had covered myself enough with the Stop Loss on my trade, but it wasn’t quite wide enough.
A decent set up, and good confluence from the D1 EQZ and D1 Bull Channel midlines, the 15min ema, and the 1hour ema just underneath.
My Entry and Stop Loss were at Role Reversal levels, and I was looking to take profits at the H1 EQZ.