DislikedSir,
I will be honest. I do not know the answer but here is my point. Whatever reason it will be I will respect it you know why ? because as i say earlier trading is about profit not to find perfect entry an exit. everyone has different strategy and style so why say one is right and one wrong ?
there is no holy grail.
look forward to know your reasoning.Ignored
I also post another chart that shows RSI and MACD. Now knowing what we know about both indicators, would you be able to tell this trade was going to reverse where it did?
edit: just added the ADX to the second chart.