New pending entry: {image}
Me too. Same thinking, same actions.
...
..will see..
Since we have bounced off, I had to remove the strong white down trend line as it seems that is not going to be the new trend line since we have not made a newer low:
Had a new entry for two reasons:
First, If the trend holds, its a better entry and I will have two good trades with decent reward ratio.
Secondly, even if the orange marker of the blue trend line fails. I am "high" enough to profit from the uptrend's retrace. As if this ends up being an uptrend, that white trendline still needs to be touched.
Figners crossed
Had a new entry for two reasons:
First, If the trend holds, its a better entry and I will have two good trades with decent reward ratio.
Secondly, even if the orange marker of the blue trend line fails. I am "high" enough to profit from the uptrend's retrace. As if this ends up being an uptrend, that white trendline still needs to be touched.
Figners crossed
