wait for confirmation before entering.
TP's posted
TP's posted
Trade ist aktiv:
I forgot to update guys, sorry about that!
When I noticed that price broke through the PRZ and continued past the X-point, I considered this invalid.
I went one TF higher and saw why, price was completing this bat pattern. I found a (candlestick) reversal pattern on the 4hr TF and was able to catch the fall. When It broke the TL with such a heavy candle, I added another order. I do expect some pull back and if I find another reversal pattern in the pull-back, I'll add another order.
When I noticed that price broke through the PRZ and continued past the X-point, I considered this invalid.
I went one TF higher and saw why, price was completing this bat pattern. I found a (candlestick) reversal pattern on the 4hr TF and was able to catch the fall. When It broke the TL with such a heavy candle, I added another order. I do expect some pull back and if I find another reversal pattern in the pull-back, I'll add another order.