12:15
M1 15min MAB | Buy
Fine margins, but this one goes down to not trusting the Inner Fib. For the sake of about 0.3R I could have moved my profit target and brought in +1.7R.
11:40
M1 micro 1min MAB | Sell
Clear set-up, with movement within the M5 EQZ, M5 channels and the short term M1 channel.
11:28
M1 1min MAB | Sell
I was looking for price to move deeper into the channel intersection here before entering the trade.
11:15
M15 possible 15min MAB | Buy
10:46
M1 1min MAB | Buy
This one would have worked out if I got a spot on Entry.
I was expecting some interaction with the 1hour ema, which pulled price down to the bottom of the M5 EQZ.
Had I taken this trade, I think I might have exited the trade at the first bearish candle which broke the 61.8 Fib level. This might have been a case of a trade best walked away from once entered.
Price seems to be interacting nicely with the short term channels.
I’m anticipating price to test the H1 EQZ and then move up to the D1 EQZ at some point, however I’m not sure how much momentum the Bulls have behind them currently. Perhaps a drop to the D1 Bull Channel and 10700 level first. Is a 15min MAB on the cards?
10:03
M1 1min MAB | Buy
10:00
H1
The 10808 D1 EQZ level is looking like a good place for RESCON, along with the H1 EQZ midline and the 10800 level.
Will price be able to push through the D1 Bear Channel midline to reach this area of confluence?