|
Re: What went wrong here?
I think I figured it out, I saw the top but forgot that a reversal doesn't always mean a trend will reverse. We were at the S1 midpoint where we typically see consolidation - I should have waited for a break away from that point.
Also on the 15min chart I was going against the major trend, and didn't have enough confirmation of the spinning top. Note that at the time of the trade, that big wick on the current candle wasn't there.
|