This chart has made a Strong High followed by a weak low. Now we wait for price to go up and fall back down.
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Strong Low changed to Weak Low*
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Grade: High Probability Trade Patterns: Strong High and Weak Lows Confirmations: Trade has not been taken, this is just a forward test. What made you take the trade?: - - Explain Confluences
Stage 1:
Was this trade forecasted?: Y
Did you follow your plan?: N
Did you apply proper risk management?: -
Did you wait for candle closure?: -
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Stage 2:
Psychology: How did you manage your emotions during? Did you hesitate?
Trade Management: Did you use a trailing stop loss? Did you move stop loss to breakeven?