My two other trades this NO.
Not exactly classical setup.
Eu sell, HTF seems still bearish to me so entered a bit early as I do not wanna allow more than 15 pips sl.
PA is bouncing 200 ema and it is below 10.
GU, HTF clearly bearish to me. PA rallied and then tehre was a pullback. The pullback did not respect fibo level 61.8 and 50. In such cases I believe it is reversing. So I entered sell. Perhaps a bit late, though.
Both trades are moved to BE but do not know where to take profit as I didnt analyze that part.
here are the charts.
I apreciate yr commets.
Not exactly classical setup.
Eu sell, HTF seems still bearish to me so entered a bit early as I do not wanna allow more than 15 pips sl.
PA is bouncing 200 ema and it is below 10.
GU, HTF clearly bearish to me. PA rallied and then tehre was a pullback. The pullback did not respect fibo level 61.8 and 50. In such cases I believe it is reversing. So I entered sell. Perhaps a bit late, though.
Both trades are moved to BE but do not know where to take profit as I didnt analyze that part.
here are the charts.
I apreciate yr commets.